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.

ohnoes 2 years ago

fakest scam ever seen.

0 2

Broke 2 years ago

If you want to get poor, invest in NANO.

0 2

Fishystuff 2 years ago

I asked in the Telegram group some questions to debunk the FUD. Got banned instantly. Says enough imo..

0 2

Average Guy 2 years ago

Old tech, lame community. This project is bleeding for the last couple of years.

0 2

Bryan 2 years ago

The greatest coin ever made. Just DYOR.

2 0

Vla2 2 years ago

I don't know what's the problem with this UTK people. They seem fearful of something. This is simple, they know the fundamentals of $Nano and can't do anything about it other than attack here. Anybody can try $Nano and see the difference. 1. Install https://natrium.io/ 2. Visit https://freenanofaucet.com/ 3. Fill in your nano_ address and hit get $Nano! $Nano is unique and you will not find anything similar for instant, feeless and secure payments out there. Period.

1 0

Vlado⋰·⋰ 2 years ago

2 0

Jason 2 years ago

Someone seems to have an agenda against Nano and is posting literal dozens of bad reviews. Do your own research, check out the subreddit (https://www.reddit.com/r/nanocurrency/), the Discord (https://chat.nano.org/), and only invest what you feel comfortable. Either way, Nano is definitely not a scam.

2 0

nothx 2 years ago

No thanks

0 1

nono 2 years ago

Avoid at all cost!

0 1

Showing records 11 - 20 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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