Nano (NANO)

“Nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies.

Development of the project began in 2014 under the name RaiBlocks, and the coin (then termed XRB) launched the following year through a public faucet, which allowed users to claim small amounts of XRB after completing a captcha challenge. Users were allowed to complete as many captchas as they liked to increase their words — effectively trading their time and effort for XRB.

RaiBlocks (XRB) was rebranded to Nano (NANO) in January 2018, with the new name chosen to better represent the speed and simplicity the project offers to users.

It is a peer-to-peer platform that uses a unique block-lattice data structure to allow users to easily transfer value to one another without relying on centralized intermediaries.

Unlike other platforms which typically use the combined proof-of-work of a massive mining network to achieve consensus, Nano instead uses a system known as Open Representative Voting (ORV) — which sees account holders vote for their chosen representative, who then work to confirm blocks of transactions securely.

ORV makes Nano extremely energy efficient, positioning it as a more environmentally friendly alternative to proof-of-work (POW)-based cryptocurrencies.”

Coin information:
Nano with the ticker NANO is a decentralized cryptocurrency with a current market cap of $709 371 648.
The algorithm of the blockchain is ‘Open Representative Voting’ and it has a ‘Delegated Proof-of-Stake (DPoS)’ proof type.
It currently has a circulating supply of 133 248 297, a total supply of 133 248 297 and the max supply is 133 248 297 NANO.

Visit nano.org for more information about Nano and which wallet to use to store NANO coins.
You can use this block explorer to track the balance of an address and all the transactions: nanocrawler.cc

Price information:
The current price of Nano (NANO) is $5.3214, which is a price change of -5.21% in the last 24 hours. The total trading volume in that period was $75 083 368.

On 2 Jan 2018 Nano reached an all-time-high price of $37.62.
This is a difference of around -86% relative to the current price.

You can buy around 18.7922 NANO now for $100, which will be worth a total of $707 at ATH.
Nano can be traded at these exchanges.

All prices are in USD. Last updated: 1 minutes ago.