Nano, formerly known as RaiBlocks, is a cryptocurrency that was created in 2015. The Nano cryptocurrency has a unique design that allows for fast and free transactions. The Nano cryptocurrency is based on the Block Lattice structure, which is a type of directed acyclic graph. This structure allows each account to have its own blockchain, which allows for parallel processing. This makes the Nano cryptocurrency very efficient and scalable. The Nano cryptocurrency also has no fees, which makes it very attractive for users.
Other related questions:
Q: What was Nano crypto before?
A: Nano was originally called RaiBlocks, and was rebranded to Nano in January 2018.
Q: What does Nano crypto do?
A: Nano is a cryptocurrency that is designed to be lightweight and efficient. It uses a unique block-lattice structure that allows for high scalability and low fees. Nano also has a built-in governance system that allows the community to vote on decisions.
Q: How does Nano crypto make money?
A: Nano does not have a native currency, so it does not have a way to generate revenue like other cryptocurrencies. Instead, it relies on donations and volunteers to maintain its network.
- Nano (cryptocurrency) – Wikipedia
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- What is Nano (NANO) Crypto? Nano Price & History – SoFi