About Nano (NANO) Coin
Nano (NANO) Coin is decentralized, sustainable, and secure digital money focused on addressing the inefficiencies present in existing financial systems. Uniquely designed to provide simple peer-to-peer transfer of value, Nano empowers individuals with the most efficient and accessible digital money possible, connecting them to the global economy with minimal impact.
Nano (NANO) Coin provides an intuitive experience that feels like digital currency should – no fuss, no fees, no waiting. This is what an accessible and easy-to-use digital money experience should feel like. The Nano protocol specifically avoids reliance on mining. This is a design decision which eliminates the unnecessary expenditure of energy and centralization forces mining activities cause. The distribution of Nano has been completed, resulting in a maximum supply of 133,248,297 NANO.
Algorand Nano (NANO) Coin Storage Key Points
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Official Project Website||Click Here To Visit Project Website|
What are The Advantages Of
Easy-to-use and Feeless
Nano is simple and easy-to-use by design. By focusing on transferring value as efficiently as possible, the Nano network is able to offer feeless transactions and provides options for users and services to easily access the empowering and cost-saving qualities of digital money.
As the world continues efforts to reduce pollution and energy consumption, many digital money networks have resorted to wasteful designs to secure their networks. Nano is smartly designed to address this issue by not relying on power-hungry mining for security, but instead uses a lightweight and efficient consensus protocol called Open Representative Voting (ORV) for minimal energy usage.
Digital money should be quick and easy-to-use. Whether buying goods at a store, transferring money across borders or making payments online, Nano transactions are completed in under a second so you no longer have to wait. And these are fully settled payments on the network, businesses no longer have to wait for credit card or banking network approval.
Initial Coin Offering (ICO)?
Nano utilized a novel CAPTCHA faucet system with the goal of distributing Nano as fairly and organically as possible. Opened on October 1, 2015, the faucet required users to complete complex CAPTCHA tests in order to earn coins. The faucet allowed anyone with a computer to participate by contributing time and attention, instead of the less sustainable mining with other projects.
This choice to distribute by faucet helped Nano be more accessible to those who didn’t already have the money to buy mining hardware or invest in an ICO. This unique approach was a great way to distribute Nano to people who had never used it before and helped spread coins more broadly across the world. In addition to Europe and North America, this method helped build active communities in Central and South America, including large groups in Brazil and Venezuela, and within Southeast Asia, most notably in Indonesia.
Meet the Team
The Nano Foundation consists of highly motivated and skilled individuals of various disciplines who are responsible for working towards the continued development and growth of Nano