Notes on Nano

The document discusses the current state of cryptocurrency, highlighting the dominance of meme coins in 2021. It emphasizes the lack of hype surrounding coins with actual utility. The author introduces Nano (XNO) as a coin that focuses on being a currency and highlights its potential. The document compares the transaction speeds of various coins, emphasizing the importance of fast transactions for everyday use. It argues that smart-contract platforms like Solana may not compete long-term with coins specifically designed to be currencies like Nano. The document also mentions Ripple as another serious project aiming to become a currency but expresses concerns about its centralized nature. It explains the block-lattice architecture of Nano, which enables instant transactions and eliminates the need for transaction fees. The document acknowledges challenges faced by Nano, such as spam attacks, but highlights the development team's efforts to address them. It concludes by recommending reading the Nano Whitepaper and provides a link for further exploration.

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