Nano (XNO) Wallet

Nano is a cryptocurrency for simple payments all over the world. This project removes the notion of a public blockchain.

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Nano (XNO) Online Wallet, App for Desktop & Mobile | Guarda

Nano Price

(XNO/USD)

Download Nano XNO Wallet

Store/HODL XNO

A long-term investment in XNO with the expectation of it increasing in value. You can safely store your XNO in Guarda Wallet.

Exchange Nano

Instantly exchange Nano with the best XNO exchange rates. We offer many trading pairs for Nano trading through our exchange partners.

Send Nano

Guarda allows you to easily buy Nano online and send it to anyone and anywhere with their Nano address.

Receive Nano

Receive Nano from anyone instanteniously through your web browser, mobile phone or desktop app.

Download the Guarda Crypto Wallet App and hold your XNO and 50+ cryptocurrencies, anytime and anywhere.

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Safe and Simple way to buy crypto with debit/credit card or a SEPA transfer directly in your wallet.

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What is Nano?

NANO is a trustless low-latency cryptocurrency that uses the Directed Acyclic Graph (DAG) technology and block-lattice architecture. It allows every account to have a blockchain of its own. One of the key advantages of using DAG technology is limitless scalability and instant transactions with no fees. The lack of resource-intensive mining to protect the blockchain is what allows Nano to operate free of charge. Delegated Proof-of-Stake (DPoS) is the consensus method used by Nano.

Nano (XNO) Online Wallet, App for Desktop & Mobile | Guarda Nano Website

Nano’s Technology

Nano was designed on Directed Acyclic Graph (DAG) technology and uses a block-lattice architecture where each account has its own blockchain. Unlike blockchain’s that checks transaction amounts, Nano records account balances, and this allows for much smaller storage resources. Each blockchain can only be modified by its owner, meaning that individuals balance history and share it with the network. This design ensures each blockchain to be updated asynchronously. Each transaction is handled by the individual blockchain and there is no need for a consensus protocol.

NANO network is completely decentralized, guarantees immediate transfer of funds without fees, and is infinitely scalable. Each transfer on Nano’s network generates two different transactions.

The dual transaction model removes the need for miners, allowing quick and zero-fees transactions. Nano transactions take place outside of the main chain through UDP packets. It removes block capacity issues because nodes do not maintain a detailed copy of all transactions on the network.

Consensus mechanism

Nano uses the Delegated Proof of Stake (DPoS) mechanism. If a disagreement occurs in regards to transactions, the network relies on the delegates who vote on which transaction is valid. All votes based on the balance of the account, users with greater balances having a higher voting weight. There is no possible mining threats and centralization problems. Nano delegates having (hold) a stake in the network, which promotes the security of the network's integrity. So-called representative nodes take on tasks such as verifying block signatures and voting for valid transactions in the event of a conflict.

Nano Use-Cases

The project is seeking to solve some of the fundamental issues that other cryptocurrencies are tackling. Nano's advantage is its infinite scalability, low-cost transactions, and speed. Nano can be used for:

Nano Proof-of-Work

Nano also uses Proof-of-Work as a part of the architecture, but not as a trust protocol. This is used as an anti-spam tool to deter attacks. Lack of fees means that an attacker could spam the network indefinitely, but with the implementation of PoW has a small amount of work associated with each block. This work takes 5 seconds to be produced and 1 microsecond to be validated. An attacker has to commit a large amount of computational power to an attack. The network also has methods for handling spam transactions.

FAQ

1. What is the best Nano wallet?

Guarda is one of the best wallets according to Investopedia.com and Hackernoon.com for Nano. Guarda is a non-custodial wallet that supports more than 400K+ assets. Use an online wallet right in your browser or download a web/mobile version.


2. How do I get an Nano wallet?

You can download the application from the Apple AppStore, or Google Play, or install a desktop wallet. You can also use an online wallet. Create an account on Guarda; Set a strong password and save your wallet backup; Create a wallet and add your XNO.


3. How to get an XNO wallet for Android or iOS?

Download Guarda from AppStore or Google Play; Create an account on your Guarda Wallet; Tap the “Receive” button in app; Paste the generated address or scan the QR code when sending coins from an external wallet or exchange to Guarda.


4. Is Guarda Wallet app safe?

Guarda is a non-custodial crypto wallet. Guarda stores no private data, backup files, or keys, and no one has access to the user's wallet. Users are the only ones who have access to private information.
Security features include: fingerprint authorization; PIN code; backup file

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