NANO (XNO)
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.
Nano
was launched in October 2015 by Colin LeMahieu to address the Bitcoin scalability problem and was created to reduce confirmation times and fees.
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