What is Nano (XRB) – Everything You Want to Know

in nano •  7 years ago 

Currently, the price of Nano (XRB) is $8.91, and it stands on the 24th position out of the several cryptocurrencies on display on the official coinmarketcap website. In this Post, let's learn about Nano (XRB).

What is Nano (XRB)?


Before we begin exploring this cryptocurrency called Nano, I think it's imperative to know why is it called Nano in the first place. So earlier this year on the 31st of January this project called Raiblocks had undergone a complete rebranding effort and thus changed its brand-name from Raiblocks to Nano. This move of rebranding by the founder of the site Colin LeMahieu seems to be a sensible move because the value of XRB shot up by a staggering 40% on the first day itself after the announcement to rebrand was broadcasted across mostly all the social media platforms, etc.

Alright, now that we know why Nano is called Nano let's see, What is Nano?

Nano (XRB) is an open source cryptocurrency which is designed to provide its users feeless & instantaneous transactions along with maintaining the trust and the required security levels that you would expect of any blockchain based cryptocurrency.

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I wonder who wrote it. 🤔.

Ha ha, One writer of http://coingyan.com LOL.

Lol. Yup.

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