Nano Price today
Nano, also known as XRB, has a price today of 4,29$ and a market capitalization of 571.542.336$, which is 0,21% of the total. Nano has a total of 133.248.288 coins in circulation.
In the last 24 hours, the price of Nano has 0,00000000$, which is 0,00% of its valuation.
What is Nano?
Nano was introduced as XRB in late 2017 as being free of any transaction fee. Not only it's free it's also fast, providing instant transactions. So, no user has to wait for approval or processing.
Although Nano is competing with a lot of big sharks on the market it still provides the same amount of security like the rest of them. After being launched the price skyrocketed in the first 24 hours.
It rose 40% from its initial market value. After gaining so much popularity the company renamed or rebranded the XRB as Nano to make it easier to pronounce. Nano uses blocks to calculate the transactions.
Each user has their own blockchain and when one transfers his/her funds a special send block add to their system lowering their wallet value. The receiver also gets "receive blocks" that add value to their wallet system.
No one can change the send blocks after it gets confirmed. That's why the recently added block contains the original value of the account. This is why this system is the most lightweight among all the cryptocurrencies. It only requires the latest block, so no unnecessary storage space is wasted.
- It doesn’t require any fee for the transaction. So, one can transact any amount of money for free.
- The system provides additional security and transparency in transactions.
- The transactions are done instantly. So, no user has to wait for hours for confirmation.
- It can process more than thousands of transactions every second.
- Can be integrated with any system.
The Nano cryptocurrency is based on Direct Acylic Graph architecture on the blockchain technology. This architecture assigns every user a different blockchain. The unique blockchain mechanism doesn't track the transactions but they track the wallet balance.
This structure makes this blockchain consume less power and less storage space. The user has the privilege to update his/her own account and sync with the transactions.Visit website open_in_new
|Price in BTC||0.00045938 BTC|
|Current Supply||133.248.288 XRB|
|Total Supply||340.282.368 XRB|
|24h Volume (coin)||0 XRB|
|24h Volume (currency)||$0|
|Last updated||2019-08-14 21:35:30 +01:00 BST|
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