Arctic Wallet Now Supports NANO (XNO)
Jul 26, 2023NANO is one of the most efficient decentralized cryptocurrency. It is global, fast, feeless and sustainable
Build as "digital money for the modern world", NANO is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees.
Let’s learn more about this project and the features that make it unique:
- NANO is designed to be fast. Most NANO transactions reach absolute finality within less than a second. This speed makes NANO suitable for commercial payments.
- Moreover, NANO transactions are completely fee-less. Since representatives do not receive financial compensation for their efforts to secure the network, there is no need for a transaction fee. This makes NANO an ideal solution for processing micro-transactions.
- NANO has a unique architecture. Unlike many cryptocurrencies which are built on top of a distributed ledger known as a blockchain, NANO is instead built around a similar ledger technology called a directed acyclic graph (DAG).
- This structure is highly reliable. It can scale to support 1,000 transactions per second with the right hardware — without requiring an energy-intensive mining network to maintain its integrity, positioning NANO as an eco-friendly digital payment option.
Now you can buy, sell, exchange and store your NANO safely in Arctic Wallet!