Gamble Responsibly. Please visit BeGambleAware.org for information and help.

Nano (XNO) - USDT

Mkt. Cap.
₮ 122.01 M
Vol. 24H
NANO 4.59 M (₮ 4.29 M)
Open 24h
₮ 0.9825
Low/High 24h
₮ 0.8893 - ₮ 0.9841

CryptoCompare Index Nano (XNO) - USDT Historical Price

CryptoCompare Index Nano (XNO) - USDT

Line Chart
Logarithmic
Candle Stick
Advanced Chart
Details Historical Price Details Historical Price
Whitepaper
Launch Date
2016-02-29
Max Supply
133,246,392.53
Total Supply
133,246,392.53
Circulating Supply
133,246,392.53
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Stake
Hashing Algorithms
N/A
Block Nr.
186,504,002.00
Block Reward
-
Network H/s
-
Nano (XNO), previously RaiBlocks, is a decentralized digital currency that addresses inefficiencies in existing cryptocurrencies. It uses a unique block-lattice architecture, enabling immediate transaction processing and scalability. The Nano network offers instant, fee-less transactions with unlimited scalability through an efficient consensus mechanism called Open Representative Voting (ORV). Nano is used for peer-to-peer transactions and is popular in microtransactions due to its instant and fee-less attributes. It was created by Colin LeMahieu in 2015 to address issues of scalability and fees in existing cryptocurrency designs.

Nano (XNO) Trending Posts

Still can't get away from majority rules ! If voting power is held by coin owners, and some evil rich tycoon feels like buying up all the coins and influences the voting in his favor..how is that decentralized ?

- Nano has no equivalent in the realm of pure digital cash (ultra fast, feeless, decentralized, low on energy, low latency for nodes to operate)

- Nano also includes a very desirable scarcity of its tokens being 100% premined and fully circulating (no retention by the NF)

- Nano has attracted 120K members on its Reddit Sub. Despite the price disappointment, these fans must be understood as "sleeping cells", ready to manifest at the first positive trigger

- Nano FX project is just the tip of the iceberg in terms of Nano potential. Few outside the Nano community are aware of it coming. But the official announcement will have the impact of a positive chain-reaction for investors

- The global market is enduring a bear market before Nano hits the news. Don't forget Nano had marked some great performances, back in 1st half of 2021 (and despite the poor 2nd half like most cryptos). In other words, Nano has this potential/elasticity to mark steady growth like few coins do.

- The crypto market is dominated by extreme hype in DeFi/NFT concepts without tomorrow, without traction in real-world terms. Be sure that such market will feel disappointed at some point and come back to value assets or "blue chips" serving a true purpose. You can definitively compare the over-hype with 2001 dotcom bubble. In the end, few concepts emerged out of ashes.

- Nano is a working product, unlike other projects. It is already fast, feeless, etc. There are just fine-tuning to ensure it is commercial-grade, especially in mitigating spam-attacks, which have already started with proven benefits

- I'd say that Nano is bringing value (sorry for repeating it), in opposition with those concepts trying to seak solutions to non existing problems while struggling to find the right standard/scalable idea in a sea of competition (cfr smart contract platforms).

- The Satoshi revolution has failed to materialize with Bitcoin. There is simply no concept allowing to buy your daily bread while retaining purchase power (deflationary store of value), without fee, fast and in a scalable environment. Still one must ask why BTC is still the #1.. it is very revealing as to what are the priorities of the market : a store of value ! Next to that comes an efficient digital cash. What if both could be merged in a single concept ?

View Edits

Anti-crypto folks invoke pollution and the huge consumption of electricity.
What if a regenerative crypto-economic system could be implemented?
There are already projects out there that have a positive impact on the ecosystem.
After all, crypto is about changing the world, liberty +independence.

I see a certain probability that in the near future, we have a 10x boosted by any institution, considering the perfect and extremely desirable features of Nano as low latency digital cash. However it requires strong hands as the current price makes it technically, an unpopular coin, which is a highly reversible sentiment. I think 2022 will see a come back to "real world" performing utility coins as opposed to coins exploiting greed without benefit/utility long term, the same as forks, ICO's have all faded away. So will DeFi inflationary tokens and smart contracts trying to find solutions to non existing issues.

See all forum posts
CoinDesk Unveils Strategic Rebrand of CCData to CoinDesk Data.
CryptoCompare needs a newer browser in order to work.
Please use one of the browsers below: