Nano is a payment system offering instant, feeless, scalable transactions
What is Nano (XRB)?
Nano is a novel take on cryptocurrency technology in which every user maintains their own blockchain. It is a cryptocurrency comes with a low latency and is trustless. The Nano users get unlimited scalability plus instantaneous transactions without fees. Because it avoids the mining process, while simultaneously reducing reliance on synchronization with the main network and high CPU and energy usage. Nanonetwork has completed 4 million transactions.
Nano (XRB): History
RaiBlocks was released in February 2016 by bitcoin enthusiast Colin LeMahieu, to solve many of the problems inherent to classical blockchain structures, such as high transaction fees and long confirmation times. He has re-invented cryptocurrency by employing a unique approach to blockchain data transmission.
Nanonetwork so far has processed more than 4 million transactions. This is even more impressive considering that the unpruned ledger is just 1.7 GB.
How Does Nano (XRB) Work?
Nano plans to attain their goals by removing the common, ubiquitous “shared-memory data structure “model that governs most blockchain-based cryptocurrencies with a “message passing” model, in which all users have their own blockchain that only needs intermittent connectivity with the main network, and minimal computational power. Nano is the first cryptocurrency to employ “block lattice” (or multi-dimensional blockchain), which help the users from having to pay fees to miners, it also waits for networks synchronization and avoids lengthy transaction confirmation times.
How to Buy Nano (XRB)?
First, you need to create a Nano wallet to store your coins. Then you are required to set a password for the wallet. If you lose this password, you may lose access to your coins. Then you can buy Ethereum by using Coinbase. Then trade it for Nano.
Nano (XRB) Price Prediction 2018
XRB can be a profitable investment option. Nano price equal to 9.723 USD at 2018-02-17. If you buy Nano for 100 dollars today, you will get a total of 10.285 XRB. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-14 is 65.251 US Dollars. With a 5-year investment, the revenue is expected to be around +571.13%. Your current $100 investment may be up to $671.13 in 2022. Nano (XRB) price today is $9.73 and have the current supply of 133,248,289 XRB. The market cap value is $1,296,079,460 and the volume is marked as $40,345,800. Nano price prediction, Nano price forecast, Nano price and news, XRB price forecast, XRB price prediction 2018, What is the price of Nano 2018.