![Nano.png](https://cdn.steemitimages.com/DQmZPVBevhAJ1A8UsNuR7BdHj3TmLG9uxAv8yquiC5vNyok/Nano.png)

Nano is a low-latency payment platform that requires minimal resources; making Nano an ideal for peer-to-peer transactions. Nano utilizes a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting. The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput. Recently, high demand and limited scalability have increased the average transaction times and fees in popular cryptocurrencies, yielding an unsatisfactory experience. Here we introduce Nano, a cryptocurrency where each account has its own blockchain, delivering near instantaneous transaction speed and unlimited scalability. Each user has their own blockchain, allowing them to update it asynchronously to the rest of the network, resulting in fast transactions with minimal overhead. Transactions keep track of account balances rather than transaction amounts, allowing aggressive database pruning without compromising security. To date, the Nano network has processed 4.2 million transactions with an unpruned ledger size of only 1.7GB. Nano’s feeless, split-second transactions make it the premier cryptocurrency for consumer transactions.

## Current Market Status ## ![Nano Price.png](https://cdn.steemitimages.com/DQmYe8GV7NMuLwUakuQfhLaB2hun5hpUYjGAXWtCLrw7BNz/Nano%20Price.png) Nano's price is currently 1.5$ approximately which is almost 96% down from its all time high value during bull run. Binance is the largest nano exchange by volume and holdings. Nano is available on binance, kucoin and many more small exchanges. ## Recent Developments ##

Nano has been rebranded in Janauary 2018 which was initially called RaiBlocks. In may 2018 universal blocks go live on the nano network which enables ledger pruning and light wallets. In June 2018 most popular crypto-exchange known as Binance, is now a Nano representative. Nano has announced their official mobile compatible wallets. Holders can now transact their digital asset via their android or iOS powered mobile devices.

## Solid Features ## No Fees Instant Transfer Solve Scalability issues ## Conclusion ##

All these project developments with regards to Nano indicate the future of this project is quite bright due to its technical advantages over other cryptocurency projects. It can possibly give 100x returns within 1 year. I personally beleive that Nano will easily cross 75$ in the next bull run.

###### *Disclaimer: Always diversify your portfolio for safe investing.* ######