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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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.

Kyle 2 years ago

Once you actually use cryptocurrency all roads lead you to NANO. Instant, feeless, and decentralized. Check it out, but nothing even comes close to how useful NANO is.

1 0

ManicRobot 2 years ago

Feeless, green and instant. And simple too. What do you want more? One of the best cryptocurrencies around.

1 0

Mark 2 years ago

If you first learned crypto from nano, you would be unable to ever consider another crypto as transactional. Feeless and instant are intuitive qualities. Props to nano for figuring out a solution. If DAG continues to prove secure its only a matter of time.

1 0

Andre C 2 years ago

A cryptocurrency meant to function as an actual currency at very fast speeds. It is the most undervalued crypto there is and clearly is what Bitcoin was meant to be!

1 0

Plan ⋰·⋰ 2 years ago

Best crypto... Instant, Feeless, Zero Inflation, No mining, Decentralized & Eco-Friendly

1 0

James 2 years ago

Only 4 stars because it has not brought itself into the position that it seems to deserve to be in. As far as I have seen, it is one of its kind, in terms of the way its blockchain allows tokens to be exchanged instantaneously and without fee. We will see if these properties allow it to grow, and if it's team can help that process.

1 0

Seth 2 years ago

The best developers and community in crypto

1 0

Vladimir 2 years ago

After searching sometime for a good investment cryptocurrency, I found $Nano. These are the reasons that attracted me most. Transparent, hardworking and trusted devs/coders, instant TX, fee-less, green, infinitely scalabe, decentralized, no infation, no miners, fully and fairly distributed, still cheap, best community around, easy to use and store, real use case as digital cash payment method. $Nano is future of Digital Payments...

1 0

Charlie 2 years ago

Once you use Nano, you won't look into another cryptocurrency. This has been the norm.

1 0

satoshi's son 2 years ago

If crypto is going to be widely adopted, Nano will be the number 1 coin to use. Nothing beats an instant, secure, feeless, decentralised and eco friendly transaction.

1 0

Showing records 71 - 80 of 149 ratings

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3.07/5

(149 reviews)

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