Nano, formerly RaiBlocks, is a cryptocurrency that is designed to be used as a digital currency created by Colin LeMahieu. The nano design claims to be able to support scalable instant transactions with zero transaction fees in theory. Nano is represented by the symbol XRB.
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BitGrail Vs. Nano: Who Is Responsible For the $150 Million Theft?
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- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- Delegated proof of stake (DPOS)Delegated proof of stake (DPOS) is a method of providing security to a crypto-currency network through the approval voting of delegates.
- IOTA (cryptocurrency)IOTA is a distributed ledger technology based on a structure called the "tangle". It was developed to enable decentralized transactions for the internet of things.