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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on Nano by Killer Bean

Revainrating 4 out of 5

NANO coin-coin with MEGA advantages...

Nano Project platform, is a very innovative platform and unique platform. It aims at creating a low cost of transaction for its user. Nano uses delegated proof of stake consensus. With nano, users can vote, this voting is known as the Open Representative Voting (ORV). It's not a common coin this has accounted for its high demand and its price, hence nano poses as a good investment idea. It runs on a peer to peer network technology. Presently(2020), nano tokens costs $0.7. It is an easy to use platofrm with its almost free transaction cost. It operates on an open source code. It was founded in 2015, giving it five solid years of experience (till 2020). The time taken to confirm transactions is very fast (about 1 seconds). Nano can be stored in Any Nano wallet and preferably any hardware wallet like Ledger Nano. Nano aims at enhancing scalabilty that major cryptocurrencies lack. The great team of developers and engineers behind Nano should be a yardstick for trusting Nano. It is usually hard or impossible to purchase a Nano coin with fiat currencies. Frankly, investors should start considering Nano as their investment bus-stop. Nano has a security which can be boasted of, since all of its tokens are stored in Nano wallets.

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Pros
  • It has a very fast transaction time
  • it is an easy to use platform
  • It is very scalable
  • It uses the Delagated Proof of Stake
Cons
  • it cannot be bought with fiat currencies

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