Nano Description
Nano was designed to be efficient without the need to mine, which is an energy-intensive way to process transactions. Nano uses an innovative voting system that does not require any mining. Nano works in the same way as cash, transferring 100% of the value directly to the recipient. Nano is a convenient and easy way to transfer money between countries. This efficient mechanism allows the nano network to use magnitudes less energy than other digital currencies, providing the world with an environmentally-friendly, and sustainable currency for a greener future.
Nano Alternatives
Hathor
Our technology is a natural evolution from Bitcoin's blockchain. It achieves 200+ tps without a central coordinator or masternodes. Different tokens can be exchanged reliably on the same transaction. Smart Contracts are safer and easier to implement. They connect real world data (oracles). To send or receive tokens, you don't need to pay anything. Different tokens can be exchanged reliably on the same transaction. It is a scalable blockchain that anyone can create their token in under a minute. There is no need to learn about "gas", solidity, or "ERC-20". We can create a decentralized exchange for all tokens on our platform with built-in atomic Swaps. To make it more accessible to everyone, we will continue to develop additional nano contracts.
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Bitcoin
Bitcoin is a revolutionary payment network and a new type of money. Bitcoin operates with peer-to-peer technology. There is no central authority or bank involved in managing transactions and issuing bitcoins. Bitcoin is open-source. Its design is publicly available. Nobody owns or controls Bitcoin. Everyone can participate. Bitcoin's unique properties allow for new uses that are not possible with any other payment system. Bitcoin transactions are protected by energy and mathematics. Cryptographic signatures stop other people spending your money. Proof of work (PoW), which is energy that is spent on proof of work, prevents others from undoing, changing or losing your transactions. Bitcoin can help you keep your money safe and protect you from fraud.
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COTI
In an age of "everything online", currencies are still outdated. It's more cost-effective to pay in cash than using banks, Alipay, PayPal, or Alipay. COTI is the first fintech platform for enterprises that allows organizations to create their own payment solutions and digitize any currency to save money and time. COTI processes more than 100,000 transactions per second (compared to 25,000 in traditional payment systems, and up to 20 times per second in common blockchain protocols). COTI's user- and merchant-facing tools make it extremely simple to use. COTI is the first ever dispute resolution system that protects users from fraud, errors, and counterparty abuse. COTI eliminates intermediaries and removes the need to mine, which dramatically reduces energy consumption and costs. COTI is developing price stability technology that is essential for widespread adoption of blockchain payments. COTI's technology speeds up transactions, P2P payments and remittances, rather than taking hours.
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IOTA
IOTA has fundamentally reengineered distributed leadger technology. This allows secure exchange of value and data without any fees. Tangle, an open, free and scalable distributed ledger developed by IOTA, is designed to facilitate frictionless data and value exchange. IOTA is the first distributed ledger designed for the "Internet of Everything", a network that allows data and value to be exchanged between humans and machines. No blocks. No miners. Two transactions are validated when you send an IOTA transaction. This allows IOTA overcome the limitations of blockchain's cost and scalability. IOTA is a network that supports the Internet of Things. It has tamper-proof data and micro transactions that are free. It also requires very little resource.
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Integrations
No Integrations at this time
Company Details
Company:
Nano Foundation
Year Founded:
2017
Headquarters:
United Kingdom
Website:
nano.org
Media
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Product Details
Platforms
SaaS
Type of Training
Documentation
Customer Support
Online
Nano Features and Options
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