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Cryptocurrencies:  4,849Markets:  20,850Market Cap:  $197,955,575,76624h Vol:  $112,509,713,711BTC Dominance:  66.3%
Market Cap:  $197,955,575,76624h Vol:  $112,509,713,711BTC Dominance:  66.3%Cryptocurrencies:  4,849Markets:  20,850

Nano (NANO)

$0.787350 USD (-8.16%)
0.00010843 BTC (-3.03%)
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Exchange
Crypto Credit
  • Market Cap
    $104,913,011 USD
    14,448 BTC
  • Volume (24h)
    $4,181,341 USD
    575.82197688 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
$0.787350 USD
Nano ROI
8,548.62%
Market Rank
#47
Market Cap
$104,913,011 USD
24 Hour Volume
$4,181,341 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 /
$0.699790 USD
90 Day High / Low
$1.08 USD /
$0.699790 USD
30 Day High / Low
$1.08 USD /
$0.740945 USD
7 Day High / Low
$0.960824 USD /
$0.740945 USD
24 Hour High / Low
$0.861364 USD /
$0.740945 USD
Yesterday's High / Low
$0.868598 USD /
$0.740945 USD
Yesterday's Open / Close
$0.864319 USD /
$0.795573 USD
Yesterday's Change
$-0.068746 USD (-7.95%)
Yesterday's Volume
$4,441,924 USD
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