Nano The best money ever designed?
Hello good morning friends steemians. Today I want to talk about NANO, formerly known as Raiblocks.
Nano according to coinmarketcap occupies the position 21 according to market capitalization and has at this time a price of 8.74 $ although with the potential that this currency has a great future is expected in 2018 and years to come.
Nano is about a different technology than the blockchain. Nano uses a technology similar to that of IOTA but with the difference that it uses what they called Block-lattice that establishes that each account that exists in the NANO protocol has its own blockchain, which allows only the user who owns the account to modify its chain and this must be updated asynchronously with the Block-lattice network.
All this allows you not to depend on an entire network to make transactions. To achieve this, for every fund transfer that exists, there must be 2 transactions, one of which pays and one of which receives and both update the chain. In this way and since each one controls their own blockchain there is no need for miners to verify the transactions, therefore that means 0 commissions and high speed of them.
Very briefly the NANO project is to do one thing and therefore do it excellently well. And it is allowing payments from person to person in an easy, safe, fast and with zero constes. Therefore NANO is one of the few currencies that solves the problem of micro transactions, fast and without costs. And for that he gets the best of projects such as bitcoin, Iota, dash and some more and powers them.
Another important point in favor of this coin is its popularity, in fact I won a contest in binance of the most popular currency that had to be added to this famous Exchange. Another curious fact is that of Ledge, the famous wallet to keep his crypts safely, he offered Raiblocks (Nano) not charge him for including it in his famous wallets, which in addition to saving money to Nano confirms Nano as a great asset in the world of cryptocurrencies.