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What is Open Representative Voting (Nano)?

2023-11-08 14:19
1 min.
Daniel Rivera
Crypto Terms Glossary: What is Open Representative Voting (Nano)?

Open Representative Voting (ORV) is the consensus mechanism of the Nano network. Nano users elect representatives by delegating the balance of their accounts to the representative of their choice. Representatives vote on the validity of transactions, and blocks are confirmed when a quorum is reached.

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