The Nano LEDGER is the global set of accounts where each account has its own chain of transactions. This is a key design component that falls under the category of replacing a run-time agreement with a design-time agreement – everyone agrees via signature checking that only an account owner can modify the balance and representative on their own chain. We are going to review how NANO price could move in the coming days.
Fee-Less
Nano is simple and easy-to-use by design. By focusing on transferring value as efficiently as possible, the Nano network is able to offer feeless transactions and provides options for users and services to easily access the empowering and cost-saving qualities of digital money.
Eco-friendly
As the world continues efforts to reduce pollution and energy consumption, many digital money networks have resorted to wasteful designs to secure their networks. Nano addresses this issue. Nano does not rely on power-hungry mining for security, but instead uses a lightweight and efficient consensus protocol called Open Representative Voting (ORV) for minimal energy usage.
Instant
Digital money should be quick and easy-to-use. Whether buying goods at a store, transferring money across borders or making payments online, Nano transactions are completed in under a second so you no longer have to wait. These are fully settled payments on the network. Businesses no longer have to wait for credit card or banking network approval.
Let us review NANO price.
NANO/USD – Price Prediction
NANO has broken out of an accumulation zone and made an impressive move upward. It is currently trading just at the resistance of fib 1 at $11.38. If it can break this resistance, we could start seeing a higher move towards $15.92 and $23.28. Failure to break this resistance could lead to a drop towards $9.80 and $8.57.
NANO is trading at $11.25 with a market cap of $1,367,231,479. Its 24 hour trading volume was $2,024,754,007.
