Description of crypto currency Nano coin - 25.Mar.2018

Crypto currency Nano (XRB) for fee-free and high-speed remittance

Nano is the crypto currency that RaiBlocks created with rebranding changed the currency name on January 31, 2018.
The letter "N" as a new logo means the node.

With the technology called DAG, the fee is free, and remittance etc. can be realized at high speed, which is attracting attention.

On February 2, 2018, it is listed on a Binance, and the inflow of funds is predicted, and as the price movements to stabilize continue since the sharp upward trend in December last year, Nano's The price rise is expected.

As a crypto currency with scalability (scalability), Nano aims for the best trusted transactions for P2P and the transfer of funds quickly for arbitrage transactions.

Also, Nano has announced that it becomes faster than ripple etc in transfer of funds.

DAG technology which is a distinctive strength realizes zero-speed, scalability, high-speed remittance

It is the technology called DAG (directed acyclic graph) that achieves zero free (fee free) and scalability which can be said as the characteristic strength of Nano.

Nano adopts a lattice structure by putting its own block chain in each account.

Transactions are updated by the account owner as a chain of each account.

By doing this, you can realize an account chain that is asynchronous and immediately updated with other network parts.

Specifically, at the time of remittance, a transaction is established by a block signed by the owner of each account on the sending side and the receiving side.

With such DAG technology, costs such as mining become unnecessary, and the commission is free.

Future and future potential of crypto currency Nano

Nano has voted on the crypto currency exchange venus in China and won the top spot, and from the point that the listing has been confirmed, you can see that Nano is highly appreciated by many people.

With the inflow of funds at the listing of Binance, if the problem in this case is solved, Nano will be expected to face the upward trend again in the future with Iota etc. which has been rising greatly last December I think.

At the beginning of the year, Nano, which has reached 17th in terms of market capitalization, is expected to continue to gather attention as a crypto currency that can realize zero free and scalability by DAG technology.