Read NANO News, Price Prediction, Opinion and Analyses Created By Users

Nano (NANO)

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Nano (NANO) is a cryptocurrency made by Colin LeMahied in 2017. It uses Directed Acyclic Graph (or DAG) technology and blockchain to address the main problems that Bitcoin still currently faces.

Started as RaiBlocks in 2017, Nano intends to solve the problems of scalability, high transaction fees, long transaction times and power intensive consensus mechanisms that Bitcoin faces today. Bitcoin can currently handle a small number - 7 transactions per second - with fees constantly rising as the blockchain load increases. Furthermore, the average transaction time for Bitcoin is around 160 minutes, which is much longer than many other blockchain projects.

The DAG that Nano uses is known as the Block Lattice and is a similar technology to that of Tangle from IOTA. The specific DAG that Nano has implemented allows for simultaneous transactions to occur as each different account on the Nano network will have its own private blockchain. This private blockchain provided to the user is updated asynchronously to the rest of the Block Lattice which allows for transactions to occur simultaneously. This results in an improved latency due to the dual-transaction mechanism that requires both senders and receivers to verify a transaction, thus removing the need for miners and completely eliminates transaction fees.

As there are no miners on the Nano network, it is secured by a Delegated-Proof-of-Stake (DPoS) consensus mechanism. This involves elected delegates voting on which transactions to verify if any problems arise within the network. The removal of miners and use of DPoS means that the network will not be subject to mining centralization and is not as power-intensive as the Bitcoin consensus Proof of Work (PoW) mechanism is.

In this tag you can discover Nano (NANO) news, price prediction, opinion and analyses created by users.

Why you should consider investing in NANO in the long term future ! No fees and instant transactions.

24 May 2020 4 minute read 14 comments Djordi

NANO NANO is a decentralized digital money for the modern world. Colin LeMahieu is the founder of NANO in 2014. They can boost three advantages namely : - Fee-less - Eco-friendly - Instant transactions Transacting with cryptocurrencies often has a v...

Nano: It's instant, fast with no fee.Check for ways to earn easily and trade-in Brave Browser.

21 May 2020 1 minute read 5 comments Dakaid

Nano a new cryptocurrency that focuses on the idea of no transaction fee is regaining popularity. Nano is also fast, instant, and can be easily traded through the Binance Widget in Brave Browser. Nano was first introduced in 2015 in the name of RaiBl...

NANO Price Prediction

20 May 2020 6 minute read 0 comments ChangeNOW

Nano had a precarious journey in the cryptocurrency market. The coin was earlier known as RaiBlocks, which was later transformed into NANO. Basically, this blockchain platform aims to bring a transformation in the industry by extending zero-free tran...

Nano Coin Review

20 May 2020 6 minute read 1 comment ChangeNOW

Nano is a popular digital currency that is designed with an aim to offer quick, zero fees, scalable, and secure transactions. Originally, it was referred to as RaiBlocks and combined acyclic graph technology and blockchain together to assign every bl...

Cryptocurrency Updates - 18/05/2020

18 May 2020 1 minute read 0 comments Gamer boy1110

1. Stellar Tokens Made Easier From Today - launched from today. You can create token on stellar network in easy way, After you define the attributes of your token and we’ll issue that token directly to your stellar  https://stellarmin...

Nano Coin review

13 May 2020 4 minute read 0 comments lidson

        Hello all, today i'm gonna present you nano coin.     What is Nano Coin? Nano (NANO) is a popular cryptocurrency that’s known for having no fees to send or receive as well as for its instant transfer speed. Nano Coin has ranked itself 71st i...

Current NANO Coin Guide

9 May 2020 2 minute read 0 comments kazandiran

What is Nano Coin for you in this article? How is the working principle? What are the features? I will try to answer such questions.   Nano Coin has ranked itself 61st in CoinMarketCap. The market launch launched in 2017 was realized in January 2018....

Full List of Nano (NANO) Partnerships, Integrations & Collaborations (2020)

6 May 2020 6 minute read 7 comments list3r

Nano is a cryptocurrency that uses a DAG and a Block Lattice architecture to address the scalability issues that BTC faces today. Because of this Block Lattice, NANO payments are pretty much instant and have zero fees! In this article, you will find...

Quicrypto Review. Scam Or Legit?

2 May 2020 1 minute read 0 comments TheShadowCrypto

Quicrypto - The Best Nano and Bitcoin Earning App Quicrypto is an app developed by a Company called nukes where you can earn Nano or Bitcoin currency. So for Quicrypto in the app, there's a coin system and 1 coin is equal to 1 Satoshi and the withdra...

Deligate - Earn Etherium/Nano By Doing Easy Task - Follow , Like, Retweet

25 Apr 2020 1 minute read 7 comments Sajib Chy

Hi guys, I am going to share a awesome telegram bot where you can earn 1 to 5$ Daily. Earning with Deligate is simple - just select a task, complete it and get rewarded. For this, You need a telegram account - By which you registered with Deligate ,...