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Nano in the Press
Cryptocurrency, especially Bitcoin, has been in the media a lot recently due to its price volatility and even more so due to its energy consumption. So what exactly is cryptocurrency and Bitcoin, why does it use so much energy and can this be solved?
Creators of cryptocurrencies may soon be forced to answer the question, "Is it possible for crypto to become green?"
NANO (NANO), unlike many cryptocurrencies, doesn’t rely on an energy-intensive mining, minting, or printing process. The coins, previously called RaiBlocks, were initially distributed via an online faucet, wherein everyday people could solve CAPTCHA ("I am not a robot") puzzles in exchange for coins.
Crypto evangelists – who believe a decentralised financial system is for the greater good – tend to ignore this inconvenient truth....
When Tesla chief executive Elon Musk said that the electric carmaker will no longer accept bitcoin as payment for vehicles...
"Centralisation in any geographic or political region is a concern," Colin LeMahieu, Nano's founder, told Al Jazeera. "For a currency to be truly global, no particular region should have control over it."
Nano (XNO) cryptocurrency represents a shift from both Bitcoin and Ethereum. Instead of having nodes with full blockchain records, each wallet address has its own blockchain (block lattice) that is updated when transactions are executed.
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Get the resources you need for producing content on nano, from styling your project or even setting up your own related meetup or event.
Everything you need to know about nano digital currencyView Press Kit (.pdf)
Graphics and resources for your nano designsView Media Assets
Resources for hosting your own nano eventDownload Event Kit (.zip)