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Cryptocurrencies: Ā 5,296Markets: Ā 20,811Market Cap: Ā $192,124,140,97224h Vol: Ā $101,700,848,981BTC Dominance: Ā 65.2%
Market Cap: Ā $192,124,140,97224h Vol: Ā $101,700,848,981BTC Dominance: Ā 65.2%Cryptocurrencies: Ā 5,296Markets: Ā 20,811

Nano (NANO)

$0.601532 USD (-0.46%)
0.00008791 BTC (-0.88%)
Buy
Exchange
Gamble
Crypto Credit
  • Market Cap
    $80,153,119 USD
    11,713 BTC
  • Volume (24h)
    $5,989,989 USD
    875.36864194 BTC
  • Circulating Supply
    133,248,297 NANO
  • Max Supply
    133,248,297 NANO

About Nano

Launched in 2015, Nano describes itself as an open source, sustainable, and secure next-generation digital currency focused on removing perceived inefficiencies present in existing cryptocurrencies. Designed to solve peer to peer transfer of value, Nano aims to revolutionize the world economy through an ultrafast and fee-less network that is open and accessible to everyone.

Nano is reportedly able to offer fast and feeless transactions due to the Block Lattice - a data structure in which all accounts each have their own blockchain, rather than competing with others on a central chain. Consensus is generated through representative voting, where accounts can freely choose their representative at any time with an update of their account chain, thereby providing more control for users to decide who validates transactions.

Each component of the protocol was created with the long term goals of decentralization and accessibility in mind. By creating a system where representatives are not paid to operate, the incentive to participate in the network is shifted to indirect, operational cost savings. The team claims that this change in incentive model is more efficient and removes one of the factors driving centralization in other systems because participants are not encouraged to interact beyond their direct needs and supporting the network, and thus economies of scale become less critical.

Nano Statistics

Nano Price
$0.601532 USD
Nano ROI
6,507.51%
Market Rank
#53
Market Cap
$80,153,119 USD
24 Hour Volume
$5,989,989 USD
Circulating Supply
133,248,297 NANO
Total Supply
133,248,297 NANO
Max Supply
133,248,297 NANO
All Time High
$37.62 USD
(Jan 02, 2018)
All Time Low
$0.006658 USD
(Mar 10, 2017)
52 Week High / Low
$2.17 USD /
$0.288593 USD
90 Day High / Low
$1.21 USD /
$0.288593 USD
30 Day High / Low
$0.794044 USD /
$0.288593 USD
7 Day High / Low
$0.663743 USD /
$0.444033 USD
24 Hour High / Low
$0.607567 USD /
$0.575417 USD
Yesterday's High / Low
$0.642174 USD /
$0.575417 USD
Yesterday's Open / Close
$0.642174 USD /
$0.597108 USD
Yesterday's Change
$-0.045066 USD (-7.02%)
Yesterday's Volume
$7,385,965 USD
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