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The original was posted on /r/nanocurrency by /u/redxpto on 2024-11-16 08:05:08+00:00.
Lets build pressure on nano side. Copy and paste everywhere. People cant buy and use what they don’t know.
What is NANO crypto coin? What makes it amazing?
1-Feeless Transactions: One of the key advantages of Nano is that it offers feeless transactions. Unlike many other cryptocurrencies and traditional payment systems, Nano doesn’t require transaction fees. This makes it an attractive option for microtransactions and everyday transactions where paying fees could be burdensome.
2-Instant Transactions: Nano aims to provide instant transactions, which means that the recipient receives the funds immediately. The Nano network achieves this by using a block-lattice data structure, where each account has its own blockchain. As a result, transactions can be confirmed and settled quickly, typically within a few seconds
3-Fixed Supply: Nano has a maximum supply of 133,248,297. According to the official website, all available NANO have been distributed. Nano was distributed by a faucet system. No pre mined, no ICO.
4-Scalability: Nano addresses the scalability issue commonly associated with blockchain-based cryptocurrencies by using a block-lattice structure, where each account has its own chain, Nano avoids the need for all transactions to be processed by every node on the network. This allows the network to handle a high volume of transactions without experiencing significant delays or congestion.
5-Energy Efficiency: Unlike Bitcoin It uses a protocol called directed acyclic graph (DAG) which, to put it simply, it transfers responsibility for doing what a blockchain should to individual users, rather than having a mining pool. This means, in essence, that it is a collection of individual ledgers, rather than a shared, worldwide, one. This method of design is called a blockchain lattice because, in effect, every user has their own blockchain…
6-Decentralization: Nano aims to maintain a high degree of decentralization. Nano’s open representative voting (ORV) validation method is quite different from the commonplace Proof-of-Work (PoW) method employed by Bitcoin and the Proof-of-Stake (PoS) method used by many others.
7-Wallet Support and User-Friendly Experience: Nano has a growing ecosystem of wallets and applications that support the cryptocurrency. This makes it easier for users to store, send, and receive Nano coins. Additionally, Nano’s fast and feeless transactions provide a user-friendly experience for individuals and businesses using the cryptocurrency for daily transactions.
8-Community and Development: Nano has a passionate and active community that supports its development and adoption. The community actively contributes to the ongoing improvement of the protocol, fostering innovation and promoting the adoption of Nano in various use cases
Be your own bank!