|Key People||Colin LeMaheiu, creator of Nano and founder of Nano Foundation|
Nano (NANO) is a cryptocurrency that is based on block lattice, which was designed by Colin LeMaheiu, the founder of the Nano Foundation. The technology was first used in a currency called Raiblocks, of which Nano is more or less the successor. The block lattice creates a individual blockchain for each transactio, allowing for faster transactions and cheaper mining.
With a market capitalization of about $123 million, Nano is the 47th largest cryptocurrency according to CoinMarketCap, an online industry data reporting service.
- How to Create a Digital Currency for the Real World. Altcoin Magazine.
- Top 100 Cryptocurrencies by Market Capitalization. CoinMarketCap.