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  • NANO API to get incoming transaction for an address November 16, 2018
    Hi, which is the easiest way to get the list of the incoming transactions as JSON for a certain address? submitted by /u/grigio [link] [comments]
    /u/grigio
  • Nano now categorized as DPoS instead of "Mixed Algo" on Coin360.io November 16, 2018
    submitted by /u/RockmSockmjesus [link] [comments]
    /u/RockmSockmjesus
  • Bruno's booth at Bitconf! November 16, 2018
    submitted by /u/Koba7 [link] [comments]
    /u/Koba7
  • A reading of the moment. November 16, 2018
    Many are worried about the long life of this bear market that has penalized Nano and Altcoin in general. Nobody knows what the minimum value or maximum value of a trend will be and how long it will last. In an irrational and manipulated market like this it is even more difficult to predict trends. […]
    /u/fcdeluxe
  • Daily General Discussion - November 16, 2018 November 16, 2018
    Welcome! As Nano is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read the FAQs and use the search bar! Threads that are created which contain a question to which an answer is available in the FAQs, will […]
    /u/AutoModerator
  • $100 credit on digital ocean November 16, 2018
    Is this any good for running nodes on guys? https://try.digitalocean.com/performance/?utm_source=facebook&utm_medium=paid_social&utm_campaign=Zammo_Tier1_Mobile_Paid_Social_LAL_PricePerf submitted by /u/TheWelshOne83 [link] [comments]
    /u/TheWelshOne83
  • NanoQuake - Stress Test Results November 16, 2018
    Thanks to everyone who helped out with the stress test of the NanoQuake system. At the peak we had 8 players on the server - as expected the stress test highlighted some bottlenecks in the system particularly around the quake wallets interaction with the websocket backend server but also the dPoW system. /u/dotcomL and I […]
    /u/jayycox
  • This little gem of a comic got me into Nano November 15, 2018
    https://i.imgur.com/iInZwsg.jpg ​ Can we get an updated version, someone who knows how to make things like this? I think it really solidifies why Nano is great and why Bitcoin's argument of first mover advantage is delusional and not the be-all-end-all. submitted by /u/yesnahno [link] [comments]
    /u/yesnahno
  • Problem with rai_node rpc November 15, 2018
    I'm trying to run a nano node on my GCP instance and while rai_node starts up just fine, the RPC service does not start. More specifically the port 7076 is never opened when rai_node starts but when opening the port myself with a test server it worked dandy so I don't think it is being […]
    /u/exe_kl
  • Legacy Blocks are poison in traditional pow and pos November 15, 2018
    Legacy blocks where a miner or a representative packs transactions in a block will always be gamed as that rep/miner has too much control at the given time. Nano gets it right by having all of the many, many reps vote on every transaction with it being valid after greater than 50% of the vote. […]
    /u/eldumboterrifico

What Is Nano ?

Nano

Nano is a decentralized low latent cryptocurrency that has a lattice block-like architectural structure where each account has a blockchain of its’ own and it uses a DPoS(delegated Proof of Stake). This trustless cryptocurrency network uses minimal resources to process high transaction throughput as there is no mining power hardware that would have slowed down its functionality.

Transactions in  Nano happens instantly, it’s feeless and scalable making it one of the best  P2P networks. All these features eliminate access issues and also the inefficiency of the structure and functionality. Nano is well secure via delegated Proof of Stake(DPoS).For someone to hack the database, the person has to have at least 50% of the online voting power.

With Bitcoin latency and scalability problem, Nano will be a good way to make progress in the cryptocurrency industry.

How does the Nano work?

The block-lattice structure of  Nano is different from the conventional blockchain used by most cryptocurrencies.

For every account created and the account history, it has its’ own blockchain. Such blockchain can also be referred to as account-chain and it contains all the records including balances and transactions.

Updating the account-chain is only carried out by the account owner. This individual’s sole responsibility for updating account makes transactions to perform better.

In Nano, a send transaction has to be created by the sender before sending; this will remove the fund from the sender’ account. The receiver will create a receiver transaction to add the fund to his account. In regular blockchain, the fund has to be added to account before it can be acknowledged.

 

THE TEAM

The team is made up of seasoned professionals that are passionate to carry-on the vision of Nano.

The Developers are:

  • Colin LeMahieu
  • Mica Busch
  • Sergsw/byte16
  • James Coxon
  • Zack Shapiro-

 

The Community Managers are:

These are community managers who work behind the scene to get things done, they are:

  • Louis Nobleman
  • Jesus Moreno
  • Kedrin Welodon
  • Gotowerdown
  • Flomess

 

MINING of Nano   

Nano is not mineable and can only be gotten through mining of other currencies and exchange them with XRB. It completely pre-mined via CAPTCHA faucets.

 

Nano has reached its prime supply of 133,248,290 XRB are not planning to mine more, it has a fixed supply.

You can get the XRB through the exchange.

 

NOTES FOR INVESTORS

 

Nano is the 20th most promising cryptocurrency of 2017 according to CoinMarket.

I don’t know how they arrived at that, the coin price nose-dived from $20 as of December 2017 to the recent price of $12.The market capitalization is $1,631,945,097 USD.

XRB has not shown any sign of recovery since January 2018, rather it keeps going down. This is a wake-up call to the Nano’team to find out, what the problem is and to do something about it.

I still believe that Nano has what it takes to perform well, after all, they have viable products that have attracted so much attention and endorsements.

Nano is a good option to invest.

MUST READ!

This report is written for general information and should not be seen as an endorsement to invest in Nano or seen as financial advice. My advice to any reader who wants to invest in Nano is to do a research.