What is Nano?

Nano is digital money that significantly improves on Bitcoin and other cryptocurrencies.

The main features of Nano are:

• No transaction fees.

• Extremely fast to send money—less than 1 second for 100% confirmation.

  ^{Bitcoin takes 10 minutes on average for ~80%1 confirmation. Nano is more asynchronous than Bitcoin—individual transactions are voted on separately from the rest of the network.}

• Highly decentralized.

  ^{Using the Nakamoto coefficient measurement, it is more decentralized than Bitcoin2 3.}

• No inflation.

• Green—Massively less energy use than Bitcoin.

For more information on what Nano is, see the Nano documentation: https://docs.nano.org/what-is-nano/overview/

Nano is also known as: Nano cryptocurrency, Nano coin, RaiBlocks.

^{1. The Bitcoin white paper, under section 11 "Calculations" explains there's a ~80% chance for an attacker with 10% mining power to overtake the longest chain. https://bitcoin.org/bitcoin.pdf 2. Measuring Decentralization in Bitcoin and Ethereum using Multiple Metrics and Granularities https://arxiv.org/pdf/2101.10699.pdf 3. List of representative nodes showing a Nakamoto coefficient of 8 at the time of writing (2021-02) https://nanocharts.info/}