NANO 1.10%

24h Change

$124 539 193.68

Market Cap

$4 839 936.87

24h Volume

$0.93

Current Price

Nano (NANO)

Nano

Currency Trend

Nano (NANO)

Last historical data: 2020-04-02T16:29:03.000Z

Decimal places: 0

Algorithm: Directed Acyclic Graph (DAG)

Prooftype: PoW

Country origin:

Genesis date:

Liquidity score: 39.739

Publi interest score: 37.468

Community score: 44.197

Developer score: 87.204

Coingecko score: 58.663

Market cap rank: 59

Coingecko rank: 32

Alexa rank: 296838

Bing matches: 9.63e+06

Nano (NANO)

Nano (NANO)

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.

Nano (RaiBlocks before the rebranding) is a cryptocurrency designed for everyday use.

Peer-to-peer transactions on its blockchain are free, instant and scalable.

Is active

true

Fully premined

No

Premined value

N/A

Total coins mined

133248297

Net hashes per second

0

Block reward

0

Block time

0

First historical data

2017-03-07T00:34:45.000Z

Last historical data

2020-04-02T16:29:03.000Z

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