Nano (NANO)
Market Cap
$203,831,045 USD
Volume (24h)
$6,236,110 USD
Nano investment analysis
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?The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy NANO?
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.
I got to know that nano has an aim of solving a major pain point of blockchain transaction which is the scalability issue. Nano makes a great choice for stores and businesses that want to accept cryptocurrency, due to its zero fee structure. Currently, its adoption is growing day by day and it is used in many stores currently across the world. I look towards seeing the technology behind Nano actually handle millions of small transactions daily, when widespread adoption happens, and more importantly, securely handle these transactions, with lightening speed. Since these coin has been spreading all around, it’s a good basis to use when investing because it shows the future is bright!