Nano (formerly known as RaiBlocks) is a feeless, instant cryptocurrency designed for everyday transactions. Originally created by Colin LeMahieu, Nano stands out in the crypto space through its unique Block Lattice architecture, which enables:
- ✅ Instant transactions (typically <1 second confirmation)
- ✅ Zero transaction fees
- ✅ Environmental sustainability (no mining required)
- ✅ Scalable infrastructure capable of handling high throughput
Key Features of Nano (XNO)
1. Block Lattice Technology
Nano's innovative structure gives each user their own blockchain, allowing:
- Asynchronous updates
- Parallel transaction processing
- Minimal storage requirements
2. Energy Efficiency
Unlike proof-of-work cryptocurrencies:
- Requires negligible energy per transaction
- No specialized mining hardware needed
- Entire network can run on low-power devices
3. Transaction Performance
Current network statistics:
- Processed over 4 million transactions
- Ledger size just ~1.7GB
- Average confirmation time: 0.2 seconds
Where to Buy XNO
Nano is available on major exchanges including:
- Binance
- OKX
- Huobi Global
👉 Learn how to buy XNO securely
The XNO Transition
Important note for holders:
- In 2022, NANO was rebranded to XNO
- All existing NANO tokens were converted 1:1
- Your exchange should have automatically updated your holdings
Use Cases and Adoption
Nano excels for:
- Retail payments
- Microtransactions
- Cross-border remittances
- IoT machine-to-machine payments
Frequently Asked Questions
Is Nano better than Bitcoin for payments?
Yes, for several reasons:
- Faster confirmation times
- No transaction fees
- More environmentally friendly
How does Nano achieve security without mining?
Through:
- Delegated Proof-of-Stake voting
- Representative nodes
- Cryptographic signatures
What's the circulating supply of XNO?
Total supply: 133,248,290 XNO
All coins are already in circulation
Can merchants accept Nano payments?
Absolutely! Benefits include:
- No payment processing fees
- Instant settlement
- No price volatility risk (when using payment processors)
How do I store XNO securely?
Recommended options:
- Official Natrium wallet (mobile)
- Nault wallet (web/desktop)
- Ledger hardware wallet
The Future of Nano
Development priorities include:
- Merchant adoption tools
- Improved spam resistance
- Enhanced network monitoring
- Wallet UX improvements
With its unique combination of speed, efficiency, and zero fees, Nano continues to be one of the most promising cryptocurrencies for real-world adoption.