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.

RedemptionSaysNO 2 years ago

I dont know why this coin still exists xD There are better projects which are actually building something like UTK and IOTA.

0 1

Ratherbeme 2 years ago

Several people got scammed and posted it in their Telegram and Discord group and got instantly banned. I got screenshots, pm me if you want to check. This coin has written SCAM all over it.

0 1

Degen58 2 years ago

Network is not as fast as they claim. there are better alternatives out there.

0 1

NotNANO 2 years ago

There's only 1 payment system I trust, Utrust.

0 1

NANObegone 2 years ago

This coin is a scam.

0 1

Cryptobard 2 years ago

UTK is far superior and is 5 steps ahead of what Nano is doing. Nano is so 2017.

0 1

Darnit 2 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

Nothanks 2 years ago

Colin (CEO of Nano) is a fraud.

0 1

Utrust 2 years ago

NANO recently announced that they are gonna use Utrust to handle their transactions because NANO's network doesn't seem secure and fast at all. Great partnership! https://utrust.com/

0 1

Marcel 2 years ago

Scam, check their Telegram account, full of bots,,

0 1

Showing records 51 - 60 of 149 ratings

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3.07/5

(149 reviews)

Market Cap Rank:

Voted:

scam

Bulls v Bears:

Bullish

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