Nano (cryptocurrency)
Nano (Abbreviation: XNO; sign: Ӿ) is a cryptocurrency characterized by a directed acyclic graph data structure and distributed ledger, making it possible for Nano to work without intermediaries. To agree on what transactions to commit (i.e., achieving consensus), it uses a voting system with weight based on the amount of currency an account holds.
| Denominations | |
|---|---|
| Symbol | U+04FE Ӿ |
| Code | XNO (formerly NANO, XRB) |
| Previous names | RaiBlocks |
| Precision | 10−30 (raw) |
| Development | |
| Original author(s) | Colin LeMahieu |
| White paper | "Nano – Digital money for the modern world" |
| Initial release | 4 October 2015 |
| Latest release | V25.1 "Daric" / 2 June 2023 |
| Code repository | github |
| Development status | Active |
| Written in | C++ |
| Developer(s) | Nano Foundation |
| License | FreeBSD |
| Ledger | |
| Timestamping scheme | "Open Representative Voting", a form of proof-of-stake |
| Hash function | Blake2 |
| Issuance schedule | Captcha faucet (ended 20 October 2017) |
| Supply limit | 133,248,297 |
| Website | |
| Website | nano |
| |
Nano was launched in October 2015 by Colin LeMahieu to address the Bitcoin scalability problem and was created to reduce confirmation times and fees. The currency implements no-fee transactions and achieves confirmation in under one second.
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