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What is Nano?

Nano was created to function effectively without the dependence on mining, a method that requires a substantial amount of energy for processing transactions. Rather than using mining, it incorporates a revolutionary voting system that completely removes this requirement. When users choose to transact with nano, they can guarantee that the full amount of value goes directly to the recipient, akin to cash transactions. This digital currency was intentionally crafted to enhance the ease of transactions on both local and global scales, facilitating international money transfers without any associated fees. The distinctive workings of the nano network allow it to consume significantly less energy compared to traditional cryptocurrencies, making it an environmentally friendly and sustainable option that supports a greener planet. Furthermore, the efficient design of nano transactions not only promotes financial accessibility but also ensures that users all around the globe can participate in the modern economy without barriers. As a result, nano stands out as a forward-thinking solution that aligns with the growing demand for sustainable financial technologies.

What is Decred?

Decred employs an innovative hybrid model that merges proof-of-work with proof-of-stake, which not only bolsters security but also effectively aligns the incentives of the community. This combined methodology greatly raises the expense associated with potential attacks, making it riskier than relying on proof-of-work or proof-of-stake in isolation. With strong governance structures, Decred enables its community members to actively partake in consensus modifications and oversee essential project decisions, thereby ensuring that the interests of stakeholders shape its ongoing development. Consequently, Decred can adjust to new circumstances, adopt advanced technologies, and maintain resistance to forks over time. To support itself, the project allocates 10% of each block reward to its treasury, along with a versatile contractor model that rewards contributors for their involvement. This framework establishes Decred as a self-sustaining decentralized autonomous organization. Moreover, users have the opportunity to utilize DCRDEX within Decrediton to vote on four proposed consensus modifications, highlighting the importance of upgrading to the 1.7 release. Engaging with the community and discovering the newest features is highly encouraged, as it fosters collaboration and drives innovation within the ecosystem. Overall, Decred represents a forward-thinking approach to decentralized governance and community participation.

Media

Media

Integrations Supported

Cointelli
HolyTransaction
Koinly
Ledger Nano X

Integrations Supported

Cointelli
HolyTransaction
Koinly
Ledger Nano X

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Nano Foundation

Date Founded

2017

Company Location

United Kingdom

Company Website

nano.org

Company Facts

Organization Name

Decred

Company Website

decred.org

Categories and Features

Categories and Features

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