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.


Daily Crypto Earnings Part #2

11 Sep 2020 1 minute read 0 comments skylinebuds

    Daily Earning Report Steem Power - 09/10 - 127.474Previous Day -09/09 - 127.474Hive Power - 09/10 - 94.889Previous Day - 09/09 - 94.889Blurt Power - 09/10 - 17,792.059Previous Day 09/09 - 17,438.992Bro Tokens - 09/10 - 24.5Previous Day - 09/09 -...

The Market is Down - Time to Reinvest!

27 Aug 2020 3 minute read 54 comments Thomas Wolf

Update 8-28-20 @ 1:30 PM - I bought in at $3.19 and $3.12 yesterday.  Currently, I am in a profit range with Tezos despite a lot of nay-saying. The only stable thing in a volatile market is uncertainty.If you are not comfortable doing this with your...

We need to talk about: Nano, a world of feeless transactions

25 Aug 2020 3 minute read 7 comments Eroshi

Hello crypto newbies, Eroshi-sensei here! After all this DeFi's storm, ETH 2.0, and whatever... You'll pay fees... no matter what is the mainstream cryptocurrency or Defi in the end you'll need to pay fees, you created a new ERC-20 you will pay fees,...

FREE NANO MINING APP

19 Aug 2020 1 minute read 6 comments Banlero

  NANO MINING AND POOL Step:💎 Download the application in Playstore:https://play.google.com/store/apps/details?id=com.bdf.tipnano&referrer=8LBNSm Download it here 💎 Complete various missions inside 💎Enter NANO wallet: Dowload first TrustWallet or na...

NANO - A Local Gem Store is Now Open

11 Aug 2020 3 minute read 4 comments XTRM

It is entirely possible that some of you reading this article, have had a silent gripe, should I say, some of you savvy Cryptocurrency Hunters have... Well silently screamed under are rather quiet growling sound "grr where is NANO?", with the 'other-...

Is Nano Green Yet? - Eco friendly crypto

10 Aug 2020 1 minute read 1 comment Marior

isnanogreenyet.com is a cool website with an ambitious mission: collecting donations to offset the CO2 produced by Nano’s nodes and transactions by planting trees to capture CO2 from the atmosphere. Nano obviously starts with a big advantage: while...

What is nano (NANO) ?

6 Aug 2020 1 minute read 6 comments yanis

Nano is a cryptocurrency that's around 1$ (no, it isn't a stablecoin). It is sometimes presented as the new bitcoin, but, what is really NANO ?   Block-Lattice instead of blockchain The strangest thing of this crypto is that it doesn't use blockchai...

COUNTER STRIKE and EARN NANO COINS

25 Jul 2020 1 minute read 0 comments MrBitcoin

COUNTER STRIKE and EARN NANO COINS 1. DOWNLOAD COUNTER-STRIKE: GLOBAL OFFENSIVE Game is free and available on Steam: DOWNLOAD 2. ADD NANO TOURNAMENT SERVER TO LIST Go to Servers - Add favorite - Input this IP: 116.203.46.126 or press this button a...

Ego Shooter game, and earn Nano Coins

24 Jul 2020 1 minute read 2 comments MrBitcoin

Play Ego Shooter game and earn Nano Coins   How Do I Play? Grab a Nano Wallet (Natrium, @NanoWalletBot on Telegram, NanoVault) They have dont a Wallet. PlayNANO gives you a wallet : https://playnano.online/ Setup your wallet, make sure you've save...

NanoLinks. One page, all links

23 Jul 2020 1 minute read 0 comments MrBitcoin

NANO CURRENCY Nanolinks is a curated URL guide to find anything about Nano; The fast, feeless and green digital currency! Links to Information, Education, Markets, Merchants, Exchanges, Wallets, Videos, Media, News, Applications, Development tools...