What is Nano (XNO)? A two-minute explanation
Nano (ticker XNO) is a cryptocurrency built to do one thing: move value from one person to another instantly and for free. Launched in 2015 as RaiBlocks, it was distributed through a captcha faucet rather than mining or a sale, and its supply has been fixed ever since.
What makes it different
- No fees. There are no miners or validators to pay. A transfer of $0.001 costs exactly $0.
- Sub-second. Transfers are confirmed by representative voting, usually in well under a second.
- No minimums. There is no account reserve, dust limit or gas token. You can receive a fraction of a cent to a brand-new account and spend it immediately.
- Low energy. Each transfer uses a tiny amount of energy, comparable to a few seconds of a light bulb.
How this site uses it
nano.gift gives small gifts of Nano to people who hold other coins, then shows them a side-by-side comparison with their own coin. The gift is real; you can withdraw it to a wallet like Natrium and watch it land with your own timer. See how it works.