Nano Profile (XNO)

Rating: Good

Balanced Micro Cap

Project Safety Score

Tue, Mar 26, 2024 12:00 AM

	Market Cap	$97,829,535.38
	Market Dominance	0.0082
	24hr Volume	$1,170,488.96
	Price	$0.7342

61%

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Project Details
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Name

Nano

Type

coin

Technology

3^rdgen dag

Nano, a low-latency cryptocurrency built on an innovative block-lattice data structure offering unlimited scalability and no transaction fees. Nano by design is a simple protocol with the sole purpose of being a high-performance cryptocurrency. The Nano protocol can run on low-power hardware, allowing it to be a practical, decentralized cryptocurrency for everyday use. The original Nano (RailBlocks) paper and first beta implementation were published in December, 2014, making it one of the first Directed Acyclic Graph (DAG) based cryptocurrencies [6]. Soon after, other DAG cryptocurrencies began to develop, most notably DagCoin/Byteball and IOTA. These DAG-based cryptocurrencies broke the blockchain mold, improving system performance and security. Byteball achieves consensus by relying on a “main-chain” comprised of honest, reputable and user-trusted “witnesses”, while IOTA achieves consensus via the cumulative PoW of stacked transactions. Nano achieves consensus via a balance-weighted vote on conflicting transactions. This consensus system provides quicker, more deterministic transactions while still maintaining a strong, decentralized system. Nano continues this development and has positioned itself as one of the highest performing cryptocurrencies. Nano is a trustless, feeless, low-latency cryptocurrency that utilizes a novel blocklattice structure and delegated Proof of Stake voting. The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput. All of this is achieved by having individual blockchains for each account, eliminating access issues and inefficiencies of a global data-structure. We identified possible attack vectors on the system and presented arguments on how Nano is resistant to these forms of attacks. Check out CoinBureau for the complete review of Nano.

3/5

(149 reviews)

Ratings and reviews left by our members do not impact the profile score.

Salvador Dali 2 years ago

Fantastico

1 0

Mads 2 years ago

Nano definetly delivers what it promises. I was sceptical at first since instant, feeless and green seems a little too good to be true. Because of this i researched this currency more than i have done with any other, and it blows my mind. The devs seems to be in the crypto game to actually make the world a better place. All in all NANO is what a crypto CURRENCY is supposed to be, and dare i say it, it could be the bitcoinkiller.

1 0

Andreas Titan 2 years ago

Nano is the best crypto currency for digital payments. It's feeless, fast (transactions are confirmed in less than a second), eco-friendly, scalable and has a very friendly and enthusiastic community. I'm part of the Nano community and follow the project for almost 4 years now and I can guarantee that Nano is one of, if not the most interesting and promising projects in the crypto space.

1 0

B Batcoif 2 years ago

Nano is a fantastic cryptocurrency. It is the most basic crypto of all, the only thing it is good at is digital transactions. That's it. No magical claims. It is the fastest confirmation coin on major exchanges like binance and kraken, it has never been hacked. There were some transactions that were re entry delayed by a huge spam attack on the network, but that has cleared and been fixed with a new prioritisation methodology. Nano is the best coin for payments big and small.

1 0

Bob 2 years ago

Best currency coin out there, fast, 0 fees and green

1 0

Henry 2 years ago

Great coin. Works perfectly. Fast, feeless, decentralised.

1 0

Anonano 2 years ago

My favorite crypto, it's been a top 100 crypto for years, certainly not a scam

1 0

Stefan Blizzard Ohlsen 2 years ago

fast feeless and green, and now that the spam problem is fixed i foresee great things

1 0

Steve 2 years ago

Do your own research. Be critical of people's comments. Good and bad.

1 0

Geoffrey 2 years ago

The best P2P crypto. False reviews below should be enough to show you that no, it's not a scam - but that other coins are worried about it!

1 0

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3.07/5

(149 reviews)

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