THELOGICALINDIAN - Nano the cryptocurrency focused on burning and feeless affairs has had a alternating botheration with abrupt abstruse errors The contempo absolution of the official Nano wallet was no barring as developers begin a bug that threatened the aegis of users funds
Nano Team: “IMMEDIATELY MOVE YOUR FUNDS TO ANOTHER WALLET”
June 21st came with the absolution of the long-awaited Nano wallet, with prices ascent by over 10% aural 24 hours. The Nano wallet bound skyrocketed to the advanced pages of app stores, with the app accomplishing the ‘trending’ cachet on the Google Play store. The Android wallet bound garnered over 10,000 downloads, with users assured agnate numbers on added platforms.
However, aloof bristles hours afterwards the official announcement, developers begin a aegis blemish in the cipher of the Android adaptation of the wallet. The Nano aggregation took to Twitter, arising a basic bulletin to let users apperceive about the issue.
https://twitter.com/nano/status/1009917306162565130
The Nano aggregation fabricated it bright that the bug alone afflicted the Android wallet, advising users to move funds stored on their Android accessory to a defended wallet. The aboriginal adaptation of the wallet had issues breeding different and absolutely accidental seeds, with the Nano aggregation calling the specific botheration “Wallet Seed Migration.”
Troy Retzer, arch of communications at Nano, reassured users in a Reddit post, affirming:
“Please still move funds off the android wallet. (An) Update is advancing that will force users to change seeds application actual cryptography.”
By the abutting morning, the aggregation had anchored the problem, arising an amend to the Google Play store. Despite the quick application efforts, developers begin addition bug in the adapted version, arising a cheep bygone morning.
The cheep stated:
“Work On Android is briefly disabled while we fix a bug.”
Users attributed the chat “work” to the proof-of-work (POW) arrangement which Nano uses to compute blocks. For those who are unaware, Nano affairs are ‘mined’ by the wallet user, as baby amounts of accretion ability become allocated to the wallet. This agency that this “temporary” abeyance on the wallet’s assignment arrangement angrily abeyance any approachable affairs fabricated on Android devices.
Although capacity are deficient on how the aggregation is acclamation the issue, it can be affected that they are accomplishing aggregate in their ability to about-face these issues.
2024: Has It Been A Rough Year For Nano?
Nano hasn’t had the best time over the accomplished few months, with the $195 actor BitGrail hack acceptable a above banderole all beyond the crypto industry. At the time BitGrail was one of the alone exchanges acknowledging Nano, admitting the cryptocurrency briefly accomplishing the ambiguous ‘top 20’ on CoinMarketCap.
Due to the actuality that there was capital alone one Nano exchange, a distinct hacker, or hacker team, managed to abduct ample amounts of the cryptocurrency from a distinct source. As the cryptocurrency bazaar bound developed, users bound pushed the drudge to the aback of their minds.
However, Nano users accept still accomplished issues with exchanges, acknowledging that there were astringent abandonment issues on Binance. Over the advance of the accomplished 3 months, users appear that Binance’s Nano withdrawals were generally non-responsive. Some association associates chalked up these issues to updates in Nano’s code. Binance has back reopened Nano withdrawals, with abounding Nano traders it stays this way.
Although the aboriginal 6 months accept not been all too able for the cryptocurrency project, abounding achievement for the success of this fee-less, abreast instant, and easy-to-use cryptocurrency.
