Nano (cryptocurrency)

Nano, formerly RaiBlocks, is a cryptocurrency that is designed to be used as a digital currency and was created by Colin LeMahieu in 2015 that uses a combination of Directed Acyclic Graph (DAG), block lattice, and delegated Proof-of-Stake consensus mechanisms.

Nano is based on a directed acyclic graph (DAG) and block-lattice data structure that creates a single blockchain with its own private key for every individual account on the platform. The Nano protocol claims to be able to support and infinite amount of instant transactions with no transaction fees. The Nano cryptocurrency is represented by the symbol XRB. Nano offers a variety of cryptocurrency wallets that are available online, on mobile devices (IOS and Android), and desktops (Windows, Linux, and Mac).

The Nano cryptocurrency can be integrated with companies for online payments using Coingate, BrainBlocks, and Coinify. Nano can also be used for payments within stores using Kappture and Appia.

The Nano Foundation is a group of people working to develop and grow the Nano cryptocurrency. It focuses on protocol development, support services, resource procurement, and education. The Nano Foundation is completely open source and is open to working with organizations, businesses, and advocates.