..

Nano Cryptocurrency on the Rise: Fast Transactions and No Fees

Written by:
Guest
Published on:
Mar/15/2018

Just last week, Coinmarketcap reported that the cryptocurrency Nano was up over 34% at one point.   The anonymous digital currency is looking to make some major headway in the world of online gaming, especially with the recent endorsement by social media site Twitch, which is popular with gamers and poker players.

Launched in 2015 by Colin LeMahieu as RaiBlocks, Nano is a low-latency payment platform that requires minimal resources; making Nano ideal for peer-to-peer transactions.

Transactions are fast and there are zero fees.

The altcoin seems to have wilder swings than the rest and is a bit more volatile.

By Thursday March 15 at 1 pm EST, the coin was on the rise once again. 

From Cryptorecorder:

The value of NANO is set to go past $16 by the end of March. Actually, at the beginning of March, the price had shot up past $16, although it later dropped almost to $8. Currently the coin is going for $8.86 USD with a market cap of $1,269,400,487 USD.

The average 24 hour trading volume is $36,091,100 USD with a circulating coin supply of 133,248,289 NANO out of the maximum supply of 133,248,290 NANO.

In other cryptocurrency news, Bitcoin was trading between $7900 and $8100 Thursday morning, down just over 4% from yesterday's trading, Bitcoin Cash was down close to 6% from $975 to $842 by 1 pm EST.

Some $60 billion is said to have been wiped off the value of cryptocurrencies in the last 24 hours.

- Aaron Goldstein, Gambling911.com

Business/Financial News

The Bitcoin White Paper: Transactions

The Bitcoin White Paper: Transactions

After watching the interview between Dr. Craig S. Wright and Ryan X. Charles where they discuss the Bitcoin White Paper in its entirety, you might walk away with a better understanding of Dr. Wright’s original intended purpose for creating Bitcoin. The two discuss several topics that branch off from the original discussion to help you gain the right answers to the question “what is Bitcoin”.

Jeff Ifrah: US Regulators Odds-On to Approve In-Game Tokens

Jeff Ifrah: US Regulators Odds-On to Approve In-Game Tokens

On this week’s CoinGeek Conversations, we spoke to the Founder of Ifrah Law, Jeff Ifrah as he discussed NFTs, possible US regulations in the Gaming and Cryptocurrency industries.

The Bitcoin White Paper: Timestamp Server

The Bitcoin White Paper: Timestamp Server

Continuing to review the series of dialogues between Dr. Craig S. Wright and Ryan X. Charles, where they discuss the Bitcoin White Paper line-by-line, we come to the section concerning the Timestamp Server. Dr. Wright is the inventor of Bitcoin and the Chief Science officer at nChain while Ryan is the founder of Money Button. 

The Bitcoin White Paper: Stealing Bitcoin

In the video discussion about the second paragraph of the Bitcoin white paper between Dr. Craig S. Wright and Ryan X. Charles, the topic of honesty arose with regards to nodes and the security of the system. While there are a number of security features built in to blockchain, the idea of a rogue or criminal node stealing transactions is thwarted from an economic standpoint.  

The Bitcoin White Paper: Proof of Work and Network

The Bitcoin White Paper: Proof of Work and Network

In a series of YouTube videos, Dr Craig S. Wright and Ryan X. Charles discuss the Bitcoin white paper line by line. Their discussions both clarify the original purpose and intent of Bitcoin as well as inspire additional thoughts about and future uses of it. Having the creator of Bitcoin explain it in his own words certainly clarifies some of the areas that have been misunderstood by many for a very long time. 

Syndicate