Nano (NANO)

Nano is a digital currency that was designed to create an easier and more efficient way to transfer money as an alternative to fiat currency. Its benefits are that it provides a greater level of scalability with faster transactions and no attached fees.

Nano (NANO) To USD | NANO Conversion Calculator

What is Nano (NANO)?

Originally known as RailBlocks, the currency was created in 2014 and was launched the following year. Its original purpose was to be an alternative to Bitcoin that solves many of the common problems that Bitcoin users face, such as prolonged delays in completing transactions, high fees, and the inability to process multiple transactions at once.

Nano (NANO) Ticker Chart

About Nano (NANO)

Nano uses a block-lattice system, as opposed to mining, which allows the currency to be faster and more energy efficient. Nano claims that the protocol can handle an unlimited number of simultaneous transactions because of the block-lattice system. The lattice is designed so that each user has their own individual blockchain. Nano is ultimately focused on developing a digital currency that can be used by the global masses to replace our current banking system.