While there was the joy of crypto street because of the bullish party, Nano investors had two more reasons to add up to their excitement. Nano scaled and hovered around the USD 2 mark on the back of two positive news for the coin. The Nano community successfully conducted the Stress Test for its Beta Network v15 recording high TPS which was followed by Nano’s addition to Bitcoin Superstore bring a use case to the coin. On August 17th, Nano stress tested is network version 15 which it had launched last week. The test seems to be quite successful as users reported an average sustained TPS of 75 over 30 minutes with a reported peak of 756 blocks/second. Nano thanked all the participants in the beta network stress test.
Nano is down 16.% over the past 24 hours and is currently trading at $1.56 USD.
Nano had a 24 hour low of $1.51 and a high of $1.94
Nano is the 3rd largest cryptocurrency by market cap size
Nano currently has a marketcap of $210,354,204 USD
Its 24 hr trading volume is approximately $16,068,868 USD
It has a circulating suppy of 133 million Nano
About Nano: 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.
Nano transactions happen immediately, so it's a currency you can use every day for purchases large or small.
Pay for the purchase, not the privilege – zero fees on whatever you buy, from bus ticket to business class flight.
Nano can process over 1000x more transactions per second than Bitcoin, so you'll never get stuck in a queue.
EACH ACCOUNT HAS THEIR OWN BLOCKCHAIN
With Nano, each account has their own blockchain as part of a larger directed acyclic graph.Each individual user provides the computational power for the verification of their own transactions, meaning entire network is not required to update the overall ledger together in massive blocks.
WALLETS PRE-CACHE THE ANTI-SPAM PROOF-OF-WORK
Wallets pre-cache the anti-spam Proof of Work for the next transaction once a transaction is sent, making transactions instantaneous, as both sides have the proof of work ready to go.
RUNNING A NODE COSTS NEXT TO NOTHING
Because the protocol is incredibly lightweight and running a node costs next to nothing, Nano’s transactions are processed with no fees.One transaction fits within a single UDP packet, and transactions are handled independently, eliminating any block size issue.
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