Nano Coin Review: Why It Could Blow Up!

0
196

β–Ί Complete Review: https://www.coinbureau.com/review/nano/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

⛓️ πŸ”— Helpful Links πŸ”— ⛓️

β–Ί Website: https://nano.org/en
β–Ί Whitepaper: https://nano.org/en/whitepaper
β–Ί GitHub: https://github.com/nanocurrency

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

πŸ“±οΈ Socials πŸ“±

β–Ί Official Blog: https://medium.com/nanocurrency
β–Ί Twitter: https://twitter.com/nano
β–Ί Discord: https://chat.nano.org/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

πŸ“ Project Overview πŸ“

Nano used to be called RaiBlocks until a rebranding recently. It aims to revolutionize the world economy through an ultrafast, fee-less, and decentralized network that is open and accessible to everyone.

The goal of Nano is to perform transactions in a more flexible and much faster manner.

βš™οΈ Technology βš™οΈ

Nano makes use of a DAG data structure. This technology makes use of block-lattice architecture, which has every address or account owning its own blockchain.

Every blockchain is managed and updated by the owner, which indicates their balance information and shares it with the network.

This provides for one of the key benefits for the Nano project which is infinite scalability.

Nano uses a Delegated Proof-of-Stake (that’s dPoS) protocol that allows users to select which node they want. The selected node then represents their votes.

These representative nodes then account for tasks like voting for valid transactions and verifying signatures. Voting on the Nano blockchain are weight balanced, so every node has a vote weight based on the volume of Nano connected to it.

Nano also has a Proof-of-Work component. However, this is not used in the consensus mechanism at all. A small proof of work is used in every transaction in order to fight spam attacks.

πŸ’°οΈ Token πŸ’°

Since Nano was initially released as RaiBlocks, it had a different symbol, which at the time was XRB. Now the coin has NANO as its ticker.

Nano has a maximum coin supply of over 133 million coins so you will never have more than this in circulation.

There was never an ICO for Nano. The team chose to give away the coins by rewarding users for solving a captcha. As a result, those who were early to the XRB game earned their coins for free.

πŸ‘¨β€πŸ’»οΈ Team, Partners & Development πŸ‘¨β€πŸ’»

Founder and CEO, Colin LeMahieu has a background in software engineering. COO, George Coxon has experience in managing client relationships and business operations.

They lead a team of 8 individuals who bring technology and strategy expertise to the enterprise.

Development output appears to be strong – something that you can verify by heading over to their GitHub repositories.

There’s not a lot of information out there on the Nano roadmap although they spent most of 2018 building out communities and information hubs in Asia and South America.

πŸ“ˆ Trading & Wallets πŸ“ˆ

Nano is available on several popular markets including Binance, CoinEx, and KuCoin.

There is also pretty strong liquidity on each of these exchanges which you can confirm by taking a look at their individual order books.

You can exchange your Nano with Bitcoin, Bitcoin Cash, Ethereum, and many other top cryptocurrencies on most of these exchanges.

Nano has a list of wallets that you can use in order to store your coins including Natrium, Canoe, NanoBlocks. These are avialable on iOS, Android, Windows & Mac.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Nano #crypto #review #dag #payments #Fintech #raiblocks #DEX #blocklattice #whitepaper

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here