XNO Cryptocurrency: nano is a lightweight digital currency designed to facilitate secure, near-instantaneous payments with no fees, and addresses some of the major limitations of both legacy financial infrastructure and many modern digital currencies.
The development of the project started in 2014 under the name RaiBlocks, and the coin then called XRB was launched the following year, allowing users to claim small amounts of XRB after completing a captcha.
RaiBlocks (XRB) was renamed Nano in January 2018, with the new name chosen to better represent the speed and simplicity the project offers users.
It is a peer-to-peer platform that uses a unique lattice block data structure to allow users to easily transfer value to each other without relying on central intermediaries.
Unlike other platforms that typically use Proof of Work from a massive mining network to achieve consensus, nano uses a system known as open representative voting.
XNO digital currency project
The nano cryptocurrency is designed to be fast, with most transactions arriving in less than a second, compared to several minutes or even longer for many other major cryptocurrencies.
This speed makes the XNO token suitable for business payments, as merchants and retailers no longer need to worry about transaction delays when accepting payments.
Furthermore, the XNO cryptocurrency is completely fee-free.
Founders of the XNO cryptocurrency
Nano was founded by Colin Limaheu, a software developer and engineer with experience working for leading technology companies including Dell, AMD, and Qualcomm.
The Nano Foundation has more than a dozen other employees, including George Cookson, an evolutionary anthropology graduate and experienced account manager, and the current director of the foundation.
XNO cryptocurrency information
- The total number of XNO tokens is more than 133 million coins.
- Highest value reached on January 1, 2018, at $33.7 (as of this writing)
- XNO Token Official Website: Here
- The official Twitter account: here
How to buy XNO cryptocurrency
You can buy XNO cryptocurrencies in many places, but the best one is Binance, where there is a high daily volume of transactions.
In case you do not have a Binance account, we recommend you read the following article that shows the steps to sign up with photos.
XNO cryptocurrency price