Nano formerly known as RaiBlocks, and has had some problems, especially with the fact that they lost about 150 million dollars, which caused a downturn and cost to be reactivated, is a project that hopes to make its holders, since they are marked or talk about 20 dollar targets, at present the currency is quoted around 2.60 dollars.
Data about Nano, is obviously a project that attracts many people and leaves others indifferent, in my opinion it has great challenges ahead, such as, for example, its own wallet, the following update, the stability of its network, this point is very important Nano needs to demonstrate in the following months that is stable, and with that can cause a significant leap in confidence, and finally, that the technology they are proposing is demonstrated, that is to say that they meet their goals.
Nano uses DAG (Directed Acyclic Graph), unlike Bitcoin that uses Blockchain, in this each account has its own chain of blocks, which allows almost instantaneous transactions with a small test of work performed by the sender and receiver respectively. By not using miners to confirm transactions, it has no transaction fees.
What is proposing Nano is the evolution of Bitcoin, all analysts agree that Bitcoin, is already a mature currency and that possibly is lagging behind in many things, one of those is the speed, and Nano's proposals about this there are two, the first a technological improvement and the second an improvement in the traceability of the currency, what does, that this does not have to go through all the blocks, something similar to IOTA.
Something that makes this cryptocurrency attractive is that it requires a much lower level of energy, in a scenario in which Bitcoin is very demanding at the energy level, Nano would theoretically contribute, in the future, that saving.
Posted from my blog with SteemPress : http://jacksonmil980.timeets.xyz/2018/08/30/nano-project-nano/