Guarda Wallet Creates a Complete Guide to NANO

Guarda Wallet Creates a Complete Guide to NANO

Guarda Wallet, a custody free cryptocurrency wallet that features hundreds of digital assets such as Bitcoin, Ethereum, Tether, EOS, and more, has just released an in depth guide on the NANO cryptocurrency, its background, and its uses. As a wallet platform that also lets you buy, exchange, and stake your cryptocurrency, Guarda provides these guides in order to better inform their users about different cryptocurrency options.

NANO, formerly known as Raiblocks, is an open sourced, low latency, fast, peer-to-peer cryptocurrency that offers its users the luxury of zero commission transactions. NANO takes an interesting approach to their security and transaction verification methods, and have created a system based on “block-lattices’, where each account has their own individual blockchain. This framework allows for extremely fast transacting, as NANO is an asynchronous network. NANO can offer zero transaction fees on all their transactions because there are no miners that need to validate transactions, so there are no miner fees that need to be paid out as compensation. NANO has its own consensus mechanism, Open Representative Voting (ORV), allowing users to choose who to delegate their votes too. NANO is an extremely exciting project that had introduced a lot of useful and novel ideas in the cryptocurrency space, it will be interesting to see how it tries to grow and approve in the future.  

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