Formerly known as Raiblocks, XRB's value proposition is simple. Rather than have a single blockchain in which all of the user's transactions are executed and recorded, let every user account be a blockchain of its own and have the user's transactions only on that specific chain. It is a profound idea that blows transaction speed and scalability issues out of the water in a way that is totally different to most other platforms.
It accomplishes this by using what is called a block-lattice structure. Among its features, zero transaction fees, high throughput, low latency, no mining, delegated proof of stake as consensus algorithm and a special kind of proof of work concept to prevent spamming of the network. Thinking Nano investment opportunities? Keep reading!How to buy?
XRB started on three exchanges (including a dedicated one) but soon propelled itself to some of the bigger, high volume ones. Although it doesn't count as many exchanges as other top coins, it is still fairly easy to buy Nano if you have been in the space for any length of time.
Storage is somewhat limited by the absence of support by the top brands in cold wallets as of the time of writing. There is a web and desktop wallet provided by the platform itself, mobile is also available and paper wallets can also be done, with some produced by the community on top of the procedure explained by Colin Lemahieu on the website.