In a NIPoPoW, super blocks are used to host bits of data from every block between it and the last super block.
This data is stored in the header and then used as a key that can access and confirm any information held by any of the blocks that contributed data to the super block.
The beauty of cryptography is that crypto puzzles are hard to solve but easy to verify. This means that if the random numbers a miner generates happen to solve the puzzle, they can verify their solution and claim the block reward.
How do #NIPoPoW's work?
A NIPoPoW is essentially a data compression technique, and it’s all about super blocks. Usually, Proof of Work blockchains reach consensus by allowing miners to compete for the right to mint new blocks of data onto the blockchain.
#NIPoPoW's enable the blockchain to be upgraded without the consequences of traditional hard or soft forks; velvet forks allow upgrades to be backwards compatible. NIPoPoW’s abstraction away from the blockchain allows them to supersede older instances of the protocol.
#NIPoPoW's will enable super-efficient operation of side chains.
These will allow new protocols to be built on top of the Ergo blockchain, which can be verified by miners without causing congestion. This technology will be the foundation of Ergo’s Layer Two scaling approach.
This lightweight approach has other benefits as well. The first is known as log space mining, which means that each block is added to the blockchain only logarithmically increases the size of the blockchain, each block only takes up a tiny, tiny amount of data.
#NIPoPoW's will enable limited technology, such as flip phones, to operate with limited data service, and achieve the same security level as running a full node.
This has the potential to completely revolutionize the industry.
Now that you know what they are, you might ask, why do we need #NIPoPoW’s? NIPoPoWs solve several problems, providing opportunities to increase the adoption and accessibility of blockchain technology. The most obvious application for NIPoPoWs is to reduce the size of a blockchain
🔸Po (Proof of) PoPoW is a lightweight, yet provably accurate, representation of the blockchain
🔸PoW (Proof of Work) signifies that this concept is grounded in a proof of work consensus mechanism
#NIPoPoW's, let’s break this down one piece at a time.
🔸NI (non-interactive) means that applications operate on the back end of a program without the participation or permission of another user. NI applications are like automated vending machines, ready to be used by anyone.
💥 NIPoPoWs!
Node 5.0.13 will see the final piece to the Non-Interactive Proof of Proof of Work puzzle put in place on Ergo
NIPoPoWs can avoid downloading the entire blockchain and improve efficiency by 80%, enabling light clients without compromising security
We're thrilled to witness the maturation of Ergo's #cryptoeconomic model as storage rent comes into effect from block 1,051,200 (in around 30 minutes ⚠️). This innovative mechanism not only combats blockchain bloat but also opens up a new avenue of rewards for miners. With ERG & Native Assets on the line, it's a thrilling time for active asset management in the ecosystem. 
Want to know more about the Ergo #blockchain? Have your questions answered!
Join our weekly update and AMA live stream on YouTube.
📆 Thursday, May 25
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“This is @Ergo_Platform
Based on threads from @mrtn_ergo
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How Can #Ergo Change the World?
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$ERG #Ergonauts #ThisIsErg #blockchain #DeFi #money #crypto #ETH #Cardano #Bitcoin2023” - Torto Delivery on Twitter
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#DiscoverErgo #Crypto #Blockchain
“ With interoperability inevitably being a huge part of the future in cryptocurrency, it will be fascinating to see which ecosystems connect to Ergo and what new collaborations will take place in the future.” - Alex Chepurnoy
💥 Extensive development on #Ergo continues as Rosen Bridge has begun public testing on mainnet, opening up cross-chain interoperability between Ergo and #Cardano
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"First we’ll distribute test tokens to an Ergonauts group, then after a week we’ll distribute the tokens through Ergofaucet to the public.”
It is evident that we are only days away from one of the biggest technological milestones on Ergo from going live.
The Rosen Bridge will allow for the transfer of digital assets between different blockchains, marking a major milestone in creating more scope for the Ergo ecosystem.
Rosen Bridge is primarily focused on being a decentralized, secure and easily implementable bridge for other blockchains to connect to. It unlocks a plethora of new use cases and liquidity in the Ergo ecosystem.
The launch of Rosen Bridge presents a significant milestone regarding bridge technology in crypto. It has the potential to securely connect Ergo with other blockchains and simplify the process of sending and receiving coins and tokens.
With interoperability inevitably being a huge part of the future in cryptocurrency, it will be fascinating to see which ecosystems connect to Ergo and what new collaborations will take place in the future.
#DiscoverErgo
From Sigmaverse on Ergo - “ TVL on https://sigmafi.app/#/ P2P lending almost at $15k
Let's throw a few zeros on there shall we? 📈
#Ergo”
Oops… link - https://bit.ly/40ILjUI
🧐 What is Spectrum Finance and why is it important to know about?
Spectrum Finance (formerly known as ErgoDex) is a decentralized exchange (DEX) on top of the Ergo blockchain.
Dive deeper into Spectrum Finance with our new blog post
👉 https:://bit.ly/40ILjUI
With @SpectrumLabs_, people can connect their Ergo wallet to execute swaps with $ERG and other #Ergo native assets - all without the need to divulge KYC information.
One key benefit of this DEX is the increased security it offers compared to centralized exchanges. When using a centralized exchange (CEX), users must trust the exchange to securely hold their funds and execute trades accurately.
With a #DEX however, users have complete control over their funds, as they are stored in their own wallets, and trades take place directly on the #blockchain via open source smart contracts.
#DiscoverErgo
