What is Nano (NANO)?
NANO allows users to transfer value conveniently without any centralized intermediaries.
The primary benefit of Nano is that it is fast. Most Nano transactions are finalized in under a second - as compared to minutes or even hours for other major cryptocurrencies, especially when the network is congested
Nano uses a different ledger technology to conventional blockchains, known as a directed acrylic graph (DAG). As this structure does not require energy-intensive mining to uphold the integrity of the network, Nano is positioned as an environmentally-friendly digital payment alternative.
Due to Nano’s unique ledger structure - directed acrylic graphs (DAGs) - it is completely feeless in processing transactions.
This reduces the barriers to entry for adoption as compared to other blockchains, making it practical and inclusive for all parties in the world.
NANO has a fixed supply of 133,248,290 NANO. In addition, NANO is one of few fully-diluted cryptocurrencies, with the entirety of its supply already in circulation.