Crypto Coin Overview
Nano (NANO)
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Name Starts
Daily Volume 512,70 Hour trend 0.06 Daily Trend 7.48 Week Trend -21.96
Nano Summary information
Ticker Coin Name Price, $ Coin Turnover 24H Market Cap, Available supply Total supply
NANO Nano 1.4360131526 ~1 997 510,39 191 346 296,00 133,248,289 (100%) 133,248,289

Project Description

About Nano

Launched in 2015 by Colin LeMahieu as RaiBlocks, Nano is a low-latency payment platform that requires minimal resources; making Nano ideal for peer-to-peer transactions.

Instant transactions

Nano transactions happen immediately, so it's a currency you can use every day for purchases large or small.

Zero fees

Pay for the purchase, not the privilege – zero fees on whatever you buy, from bus ticket to business class flight.

Infinitely scalable

Nano can process over 1000x more transactions per second than Bitcoin, so you'll never get stuck in a queue.

Each account has their own blockchain

With Nano, each account has their own blockchain as part of a larger directed acyclic graph. Each individual user provides the computational power for the verification of their own transactions, meaning entire network is not required to update the overall ledger together in massive blocks.

Wallets pre-cache the anti-spam Proof of Work

Wallets pre-cache the anti-spam Proof of Work for the next transaction once a transaction is sent, making transactions instantaneous, as both sides have the proof of work ready to go.

Running a node costs next to nothing

Because the protocol is incredibly lightweight and running a node costs next to nothing, Nano’s transactions are processed with no fees. One transaction fits within a single UDP packet, and transactions are handled independently, eliminating any block size issue.

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Nano Latest Updates
November 09, 2018

Enhancements in the Upcoming Boulton Release

With the upcoming Boulton release right around the corner, let’s take a detailed look at each of the enhancements being introduced. As this is one of the largest releases to ever hit the Nano network, there is plenty to go through, including improvements to the node software, RPC, developer...

From: Nano

November 07, 2018

Weekly Spotlight: OpenCAP

Nano Foundation does not endorse or approve products and/or services used or developed by third parties. Any links to third party software or sites are for informational purposes only. Nano Foundation bears no responsibility for the operability, accuracy, legality or content of third party...

From: Nano

November 06, 2018

Nano Explainer: Lazy Bootstrapping

With the Boulton release on the horizon, the focus turns to one of the more anticipated features to hit the network in some time, lazy bootstrapping! Lazy bootstrapping improves the current bootstrapping process, or the mechanism used by nodes to bulk update their ledger. Let’s take a look at...

From: Nano

November 05, 2018

Weekly Nano Update: 11/5/18

Blockchain for EuropeSummitOn November 27th, Colin will be attending the Blockchain for Europe Summit at the European Parliament. He will be participating in a panel on Tokenized Economies and Cryptocurrency hosted by Eva Kaili, an MEP representing the Social-Democratic party of Greece and...

From: Nano

November 02, 2018

The Incentives to Run a Node

When building the Nano protocol, the goal has always been to create the most efficient network possible without sacrificing security. By making the cost of reaching consensus, or the network determining transactions to be valid, trivial, requiring only minimal amounts of storage, bandwidth, and...

From: Nano

October 31, 2018

Spotlight: Nanollet

Hi everyone,This week I got to chat with Lucas, better known as “Inkeliz”, the developer of Nanollet! Nanollet is a bit different than other wallets in the Nano eco-system, as it does not require a back-end server. Lucas has continued to add unique, interesting features and I was excited to...

From: Nano

October 29, 2018

Weekly Nano Update: 10/29/18

Confirmation HeightChangeOne major feature in the upcoming Boulton release that hasn’t been covered much is the addition of confirmation height.In Bitcoin, it is easy to check how many confirmations a block has by locating where it is on the blockchain and counting how many blocks have been...

From: Nano

October 26, 2018

The Nano Faucet

In 2014, Colin LeMahieu, frustrated from watching inefficient cryptocurrencies with no solution in sight, began development on a new distributed network with a unique architecture called the “block-lattice.” After working on the project for a year and a half, he announced the development of...

From: Nano

October 24, 2018

Weekly Spotlight: Jolt

Nano Foundation does not endorse or approve products and/or services used or developed by third parties. Any links to third party software or sites are for informational purposes only. Nano Foundation bears no responsibility for the operability, accuracy, legality or content of third party...

From: Nano

October 22, 2018

Weekly Nano Update: 10/22/18

Epoch BlocksJust a reminder that Epoch Blocks are still on track to launch this week! Following last weeks update and explainer, we’ve been answering questions in the Reddit comments to make sure there is no confusion before the upgrade commences. Additionally, our developers have also been in...

From: Nano

October 03, 2018

Weekly Spotlight: Kitepay

An Upcoming Payment Processor for NanoI know the community has seen some teasers for Kitepay, can you give us some details on the project and what you are trying to accomplish?Kitepay simplifies accepting and processing payments for merchants by providing a reliable way to confirm payments for...

From: Nano

October 01, 2018

Weekly Nano Update: 10/1/18

Lawsuit Update, Version 16.1 Released and Live on InvestFeedBrola v Nano Lawsuit UpdateWe are pleased to announce that the legal complaint against members of the Nano Foundation has been withdrawn by the plaintiff due to a determination that the case lacked merit. The Nano Foundation maintains...

From: Nano

September 29, 2018

Nano Node Version 16.1 Released

Patch aims to resolve sync issues experienced with v16.0Version 16.1 of the Nano node software has been released. This version looks to resolve the node syncing issues that users faced on version 16.Thank you to everyone in the community who assisted with testing v16 and v16.1 on the Nano beta...

From: Nano

September 26, 2018

Weekly Spotlight: Bruno G, Brazilian Community Manager

Hi Bruno, it is great to catch up with you! Some of the community may recognize you as one of Nano’s longest running community managers, but would you mind introducing yourself to the readers?Hello and thanks for the invite. My name is Bruno, I’m from Brazil and currently, work as a...

From: Nano

September 24, 2018

Weekly Nano Update: 9/24/18

v16.1 Update, Community in Action, iOS Testflight Reopeningv16.1 UpdateThe developers have been working around the clock since the syncing issues on v16.0 were first reported. As noted last week, a majority of users who had upgraded to v16.0 have since reverted to v15.2 as it has shown to be...

From: Nano

September 19, 2018

Weekly Community Spotlight: Nano Tip Bot by Andrew Mitchell

An easy way to reward and introduce people to NanoHey everyone!For this week’s spotlight, I sat down with Andrew Mitchell, developer of the Nano Tip Bot for Twitter. It’s a great tool for rewarding people for great content or introducing new users to Nano and I was excited to chat with him...

From: Nano

September 17, 2018

Weekly Nano Update: 9/17/18

Focusing on Issues with Version 16.0Hi everyone,Since v16’s release last Tuesday, we’ve received a number of reports from node operators that they were having trouble keeping their node in sync and faced a growing number of unchecked blocks. Many of the services, exchanges or node operators...

From: Nano

September 12, 2018

Community Spotlight: Brian White of the Nano Center

Introduction and Project UpdatesHey everyone!This week I sat down with Brian White of the Nano Center to get an update on some the projects they are working on. For more information on The Nano Center, visit their discord server.Troy: It’s great to be able to catch up with The Nano Center...

From: Nano

September 11, 2018

Nano Node Version 16.0 Released

Version 16.0 of the Nano node software is now available for download. Version 16.0, which focuses primarily on code cleanup, also includes fixes to the Vote by Hash feature added in version 15.2.Thank you to everyone in the community who has assisted with testing v16 on the Nano...

From: Nano

September 10, 2018

Nano Weekly Update: 9/10/18

v16, Adoption, and Video ContestVersion 16 UpdateThe 2nd release candidate for version 16 of the Nano node software hit the beta network last Thursday, September 6th. Testing continued through the weekend with no major hiccups and version 16 is being prepared for release on...

From: Nano

September 06, 2018

v16.0 Release Candidate #2

Now available on the beta networkThe 2nd release candidate for version 16.0 of the Nano node software is now available on the Nano beta network.Features added in this release include fixes to the Vote by Hash feature added in version 15.2.To participate in testing on the beta network, visit...

From: Nano

September 04, 2018

Weekly Nano Update: 9/4/18

v15.2/Vote by Hash Update, A New Exchange and Updates Now Available in Picture Formv15.2/Vote by Hash UpdateSince the release of v15.2, we’ve had a number of reports from community members detailing the dramatic decreases in bandwidth usage when running a node on the Nano network.On...

From: Nano

August 29, 2018

v16.0 Release Candidate #1

The newest update hits the beta networkVersion 16.0 RC1, which focuses primarily on code cleanup, has just been launched on the beta network.As you test v16.0RC1 on the beta network, please share any findings on the #beta-net channel of the official discord.ChangelogImplemented...

From: Nano

Community Spotlight: The Venezuela Project

Highlighting Efforts to Increase Adoption in Developing countriesHello!This week I chatted with Fabián, who is running the Venezuelan outreach program through The Nano Center. We talked about how the project got started, current progress and how the community can get involved.Troy: Can you...

From: Nano

August 27, 2018

Weekly Nano Update: 8/27/18

Node Versions, Conferences in Chicago and Contests**A reminder to those who run a Node or service around Nano, on September 1st, the Vote by Hash feature goes live at 00:00 UTC. Please make sure you update accordingly.**What is Coming NextAfter last weeks successful deployment of version 15.2,...

From: Nano

August 24, 2018

Spotlight: Andy Woolmer

A discussion on Nano, Cryptocurrency and Financial MarketsHey everyone!On Tuesday, the Nano Foundation added its first official adviser, Andy Woolmer, so I thought I’d mix it up a bit and chat with him a bit more in-depth. Andy sat down with me today and shared his thoughts on Nano and...

From: Nano

August 22, 2018

Nano Node Version 15.2 Released

While the v15.0 and v15.1 release were not formally announced, they were downloaded by users resulting in the local files nanocurrency/nano:V15.0 or nanocurrency/nano:V15.1. Because these files would have had to be manually cleared in a v15.0 re-release, the version number was changed...

From: Nano

August 21, 2018

Andy Woolmer Joins the Nano Foundation

The Nano Foundation is pleased to announce the addition of Andy Woolmer in an advisory role.For the past six years, Mr. Woolmer has served as the CEO of New Change FX, a London based firm offering clients independent FX data and measurement tools. He brings a background in financial services of...

From: Nano

Developer Update: 8/20/18

Finalizing v15, Stress testing, Voice of Blockchain Conference and Bitcoin SuperstoreVersion 15/15.1 Being FinalizedVersion 15/15.1 of the Nano Node is currently being finalized for release. After version 15.0 was added to the dockerfile last night, we discovered additional debugging was...

From: Nano

August 13, 2018

Weekly Developer Update: 8/13/18

v15 Progress Report, Release Candidate Patch NotesVersion 15 UpdateVersion 15 of the Nano Node software was released on the beta network early Sunday morning. The developers, alongside the community, have been stringently testing the software in preparation for its release, currently scheduled...

From: Nano

August 10, 2018

Weekly Project Highlight: Nanode

Hey everyone,This week I talked with Arman Dezfuli-Arjomandi of Nanode, the official block explorer of Nano! Arman has been a huge asset to the community, creating a hub of information for Nano, whether it be a basic FAQ or documentation for developers. We talked about how he got involved in...

From: Nano

August 02, 2018

Weekly Project Highlight: meltingice

Hey everyone,This week I was able to talk with Ryan LeFevre, known among the community as meltingice! He has been a staple in the community, created an awesome block explorer, and has worked on a variety of projects surrounding Nano.Where did the name “meltingice” come from?I’ve been...

From: Nano

July 31, 2018

Developer Update: 7/30/2018

A look into v14.3 and Vote StaplingHi everyone,Just a small update today as our team continues to push towards the release of v15.0 of the Nano node along with finalizing v14.3, a patch that addresses network improvements to syncing and voting.Checking in on v14.3One of the largest...

From: Nano

July 25, 2018

Weekly Project Highlight: Canoe

A fully open source & cross-platform wallet to manage your Nano in a safe and secure way.Hey Everyone,This week I talked with Göran and Tyler from Canoe, an open source wallet built for Nano, fresh off of their iOS wallet reaching the app store. As one of the first wallets built for Nano...

From: Nano

July 24, 2018

Developer Update: 7/23/2018

Optimizations, Mobile Developers and Chinese MarketingHey Everyone,It’s Monday, so that means another developer update! From feedback we gathered, I’ll be putting a short ELI5 after the more technical sections. Let’s get started!Features and Optimizations Taking ShapeAfter Sunday’s...

From: Nano

July 16, 2018

Developer Update: 7/16/18

Hey Everyone!It’s been an exciting week around Nano, there was seemingly a new development everyday! I’ve focused heavily this week on covering upcoming protocol upgrades and what they mean for the network.Epoch Blocks Merged to MasterThe epochs block change is the result of nearly 2...

From: Nano

July 11, 2018

Introducing the Nano Bug Bounty Program

HackerOne Program Now Open to PublicAs many of you know, we have run a private bug bounty program run through HackerOne over the last few months.Today we are excited to announce that the bug bounty program is now open to the public for anyone to inspect the code and report bugs in the Nano...

From: Nano

July 09, 2018

Developer Update: 7/9/18

Hello everyone,Binance depositsOn June 21st, 2018 the Nano Foundation released version 14.2 of the node software. This important piece of software runs the backbone of the Nano network, and is responsible for every action that happens on the network. To date, the feedback we are receiving from...

From: Nano

July 02, 2018

Developer Update: 7/2/2018

Hi everyone,Just a short update today covering a few things.Test Network onlineLast week the Nano beta network was relaunched. This will serve as a playground for developers to test on the network. Mica is currently working on getting a faucet up, but if you are looking to get started and need...

From: Nano

June 25, 2018

Developer Update: 6/25/2018

Hello everyone,As a reminder, anyone who was either part of the Android Beta or downloaded v1.0.0 of the Android wallet from The Nano Wallet Company and has not migrated your wallet seed to a new secure wallet seed, Android builds 1.0.2 or later, please update your app and do so...

From: Nano

June 18, 2018

Developer Update: 6/18/2018

Hey everyone,Starting with today, we will release a development update every Monday, so you will have a better look into where the project stands and where it is heading. This will be followed with additional weekly content, so you will know at a minimum when you will get updates on Nano.First...

From: Nano

June 11, 2018

Nano Node Version 14.0 Released

This patch focuses on improving syncing, bootstrapping and reducing network usage.Thank you to everyone in the community who contributed to the code and assisted with testing.The version 14 release can be downloaded here or can be run using our official docker image nanocurrency/nano.14.0...

From: Nano

May 10, 2018

Nano Node Version 13.0 Released

The long standing bug with the wallet failing to shut down cleanly has been fixed. Previously, it would not properly close connections and allow the process to cleanly end.Bandwidth usage should also draw down as we continue to make changes and optimizations to network propagation. This version...

From: Nano

April 19, 2018

Version 12 of Nano Node Released

On Friday, April 13th, 2018, our team encountered a bug while bootstrapping that led to nodes failing to resolve forks correctly and keeping them from staying in sync. Our team immediately reached out to exchanges and advised them to close deposits and withdrawals until the problem was resolved....

From: Nano

April 09, 2018

Nano Foundation Announces Legal Fund For BitGrail Victims

Dear Nano Community: We recognize that it has been some time since we’ve spoken publicly about BitGrail’s insolvency or the related ongoing investigations. This is because we have been advised to keep our efforts private in order to best assist law enforcement and the victims’ attorneys in...

From: Nano

April 06, 2018

Upcoming Transition to Universal Blocks

The release of Nano Node version 11 included support for Universal Blocks to be turned on via a “canary block”. In preparation for the canary block, the Core team asks all users operating default Nano nodes to upgrade to version 11. In certain cases where developers are using block_create,...

From: Nano

March 23, 2018

Nano Milestone 11 Released

Universal blocks — Learn More :Milestone 11 includes support for Universal Blocks to be turned on via a “canary block” when sufficient network adoption is reached. In the future, version 11 will be the minimum supported version, as it is the first version to understand Universal...

From: Nano

March 15, 2018

Benefits of Universal Blocks

As Nano has evolved and we have learned how developers and exchanges use the network and RPCs, we started thinking about ways that we could improve the network in terms of security and throughput. One of the keys to Nano’s success has been eliminating waste to make the network operate as...

From: Nano

February 11, 2018

BitGrail Insolvency Update — 2/11/18

Unauthorized Transactions Traced to October 2017Since learning of BitGrail’s insolvency on February 8, 2018, the Nano Core team has been proactively investigating the matter to try to understand the timeline, accounts involved and where the missing funds went.BitGrail ceased communication...

From: Nano

February 09, 2018

Official Statement Regarding BitGrail Insolvency

On February 8th, 2018, the Nano Core team was informed by Francesco “The Bomber” Firano — owner and operator of the BitGrail exchange — of a loss from the BitGrail wallet. Our team promptly contacted law enforcement and we are fully cooperating with law enforcement on...

From: Nano