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%

Score

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Project Details
Project Statement
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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.

Pika L 3 years ago

Worse community ever.. Their Telegram channel is dead, admins won't respond to my PM's...

0 1

NANONO 3 years ago

I made a wallet and transfered my coins, but still haven't received them. The team isn't responding to my messages.. I feel scammed..

0 1

lolno 3 years ago

There's a reason they changed from Railbocks to NANO...

0 1

RedemptionSaysNo 3 years ago

Back in the Railblocks days Colin (NANO Ceo) did everything he could to bring competitors down. Most of the community is toxic, They have a private Discord group to organize FUD against other competitors such as UTK and IOTA. A few weeks ago those FUDers spammed UTK and IOTA's Telegram group. The NANO network isn't secure either, it has recently been down a couple of days due to a transaction attack...

0 1

Roee 3 years ago

An excellent project worth following

1 0

Daniel 3 years ago

NANO is the future of cryptocurrencies, as it has use in real world as real cash. Bright future ahead for NANO

1 0

Akihiko 3 years ago

+ No transaction fees + Transaction time takes less than a second + Unlimited scalability + More decentralized than Bitcoin + Eco-friendly, because there is no mining ------------------------------------- = One of the most promising crypto projects out there

1 0

DalinH 3 years ago

Best crypto, love NANO, top 3 in the future

1 0

PaulSunkyo 3 years ago

Best crypto

1 0

Showing records 141 - 149 of 149 ratings

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3.07/5

(149 reviews)

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Voted:

scam

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Bullish

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