Nano (NANO) is a trustless, low-latency cryptocurrency that utilises a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting.
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 for the next transaction once a transaction is sent, making transactions instantaneous, as both sides have the proof of work ready to go.
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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