What Is Nano Coin
Krypto money, encoded with the latest technology, will be much more obvious in the future will be considered by many industries. Iota and nano (raiblocks) are the pioneers of these Crypto currencies. Although the functions are different, I find it useful to emphasize that they appear in the same mindset.
They leave the blockchain database with the current technologies.It's more advantageous in many ways. It is important to note that the name Raiblocks has changed the nano with the latest update when the first nano technology goes out without mentioning details.
I believe as time goes on, the competition will increase and the leading Crypto money will reach significant values. The fact that market supply is 133,248,289 proves that the potential value to be valued is still too much gold.
Why Raiblocks (Nano)
Nano's launch process dates back to February 2016. It was designed by Colin lemahieu, a krypto money maker and researcher, as a result of research into the solution of problems specific to the classic blockchain database, similar to bitcoin's high transaction fees and long approval periods.
LeMahieu said he started working on Raiblocks since the beginning of 2014, and said he created nano after a 2-year R & D process. Nano (xrb) is a digital currency that offers free and fast payment in every field of life, offering high efficiency and superior performance.
Raiblocks is a cryptographic money produced using an advanced and up-to-date block chain database. This means that each user has a personal block chain, unlike the standard block structure. With this unusual approach to block chain infrastructure, it is separated from the standard chain infrastructure.
In traditional blockchain, the larger the processing power that is included in the system, the faster the operations. In case of increasing the users who are trading, the transactions are getting heavier and heavier.
However, this situation is different in xrb's technology. The increase in the number of users engaged in transactions rather than the transaction power included in the system makes the transactions even faster. Therefore, each user involved in the system will speed up the system rather than aggravating it. For this reason, Nano offers a completely free infrastructure.
Nano (xrb) advantages
“Recently, high demand and limited scalability have provided a satisfactory experience by increasing average trading times and Fees in the popular Crypto currency. Here, we introduce nano, a new block architecture with encryption capability, which provides instant processing speed and unlimited scalability, with each account in its own block chain. It allows each user to have their own block chain and update them asynchronously to the rest of the network, so that fast operations with minimal load occur. Transactions keep track of account balances rather than transaction amounts and allow database transactions without compromising security.