Launched as RaiBlocks from Colin LeMahieu in 2015, Nano is a payment platform that requires minimal resources; making Nano perfect for peer-to-peer transactions.
Nano transactions happen so that it 's a currency you can use every day for purchases small or large.
Pay for the purchase, not the privilege? On whatever you buy, to business class flight from bus ticket, zero prices.
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 directed acyclic graph that is larger.
Each user provides the computational capability for the confirmation of their transactions, meaning entire network isn't required to upgrade the ledger in blocks.
WALLETS PRE-CACHE THE ANTI-SPAM PROOF-OF-WORK
Wallets pre-cache the anti-spam Proof of Work for the transaction once a transaction is sent, making transactions instantaneous, as both sides have the proof of work.
RUNNING A NODE COSTS NEXT TO NOTHING
Nano?s transactions are processed with no charges because the protocol is operating a node costs next to nothing and lightweight.
One transaction fits within a single UDP packet, and transactions are handled eliminating any block size issue.