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Type of review

Revainrating 5 out of 5

Great !!!

Great !!!

Pros
  • no fee. This is most attactive side of that coin. It looks strong and promising coin
Cons
  • it has powerful competitors such as Verge ,Ripple and Neo

Revainrating 5 out of 5

GREAT COIN !

GREAT COIN !

Pros
  • This coin is revolutionary for 2 aspects : - 0 transaction fee - immediate payment The coin also has a strong community, the team which created is really reactive and with a great potential.
Cons
  • Some initial platform that sell the coin are not so reliable and are often in maintenance.

I honestly like the idea of free and fast. This has both and it also had a huge community, thus a buy buy

Pros
  • 1. Community is a big part of crypto currencies success. I think RAIBlock is probably the most active community in all the coins i have come across 2. What beats a fast transaction time for Zero fees. Nothing. 3. The new name Nano seems nice
Cons
  • 1. Transferring between exchanges is tough. Not worth it, dont try it.

To say that Nano is without its problems would be absurd. Only time will tell whether the developers will find a good solution to Nano's flaws. If they don't, there may eventually be a major theft that will cause people to lose faith in it. Nano's zero-cost, high-speed transactions are its best aspect. I myself am not willing to dive in and invest a large portion of money in this cryptocurrency, however, I'm keeping my eye on it and feel that it has a good chance of success.

Pros
  • RaiBlocks (now Nano) implements a new system, the block matrix, instead of using blockchain technology. This system allows for Nano to have much greater transaction speeds than Bitcoin, Ethereum, and even Ripple, along with no transaction fees. The design philosophy was "do one thing really well." It seems its team succeeded. Currently, Nano is rank 23 among cryptocurrencies. After a coin reaches the top 50, I consider it well in the eye of the cryptocurrency community. If (<- note this word) its team successfully partners with businesses and shows good progress, Nano will likely soar.
Cons
  • Like most cryptocurrencies, Nano has nothing concrete to show at this point. A post on BitcoinTalk titled "Why RaiBlocks is NOT Secure" highlighted Nano's potential security issues with man-in-the-middle attacks and double spending. I have yet to see a good rebuttal to his core arguments. Nano used a modified version of the proof-of-stake system, which some argue is significantly less secure than the proof-of-work of Bitcoin. In the long term, proof-of-stake may be secure, but in the short-term (which matters significantly due to its effects on the actual use of Nano as a currency), it seems much less so.

RaiBlocks rebranding to Nano was done without big events, announcements and so on. Will Nano make it into the top ten?

Pros
  • Fee free and instant transactions. Low Market Cap but high potential. Listed on Binance after rebranding to Nano
Cons
  • Team not well known in the blockchain field and no well known advisors (can be seen as risky)