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Nano (NANO), formerly RaiBlocks (XRB), is a cryptocurrency. It is a decentralized, open-source, peer-to-peer digital currency based on directed acyclic graph (DAG) architecture, and released under the FreeBSD License. Instead of a single, monolithic blockchain, Nano uses a block-lattice data structure, where every account has its own blockchain. This is a unique implementation of a directed acyclic graph (DAG), where a “block” is just one transaction, and each transaction contains the account’s current balance. It’s known to be the fastest Cryptocurrency in the world.
Blockchain Own Blockchain
Block Time 0.1s
Hash Algorithm Blake2B
Org. Structure Decentralized
Development Status Working product
Open Source Yes
Hardware Wallet Yes
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