Review on Nano by Fabrizio Zampieri
Nano was developed originally as RaiBlocks by Colin leMahieu in 2017. It is…
Nano was developed originally as RaiBlocks by Colin leMahieu in 2017. It is operated and manged by Webcoin solutions.
Nano coin system is seeking to solve the problems presented by Bitcoin blockchain technology. It seeks to eliminate scalability and latency problems by enabling instant transactions to take place. It also eliminates the issue of high fees that was plaguing bitcoin.
Nano is often describes as what bitcoin should have been.
it seems project has great success among the people since tokens has rised more of 5000% in about 2 months.
This coin has lot a of potential but we should probably still wait a little while to see the results.
Pros
- Nano is not just a token or digital coin, it is a fee-less exchange network. Nano coins are pre-mined. The system uses the lattice block technology. - In this system you can confirm transactions by checking on the sending blocks and your balance on the previous block. - Account chains and account can be uploaded at any times. - Transactions of XRB are also confirmed by delegates with nodes who votes on which transaction to confirm. - The system has eliminated blocksized problems. - Does not require specialized hardware thus no any huge electricity bills.
Cons
- - You can only store the coins in Raiwallet which has some flaws. - It is not fully decentralized. - Few Exchanges are supporting XRB tokens. - At now you can buy XRB only by other criptos and not via fiat money.
