XNO (Nano) is a cryptocurrency token associated with the Nano network, a decentralized, open-source blockchain project focused on fast and feeless transactions. Here are some key points about XNO coin:$XNO
Key Features:
1. _Fast Transactions_: Nano transactions are processed in under 1 second, making it one of the fastest blockchain networks.
2. _Feeless_: Nano transactions are feeless, eliminating the need for transaction fees.
3. _Low Energy Consumption_: Nano's consensus algorithm, Open Representative Voting (ORV), is energy-efficient and doesn't require mining.
4. _Scalability_: Nano's block-lattice architecture allows for high scalability and parallel processing.
Use Cases:
1. _Payments_: XNO is used for fast and feeless transactions, making it suitable for everyday payments.
2. _Microtransactions_: XNO is ideal for microtransactions due to its feeless nature.
3. _Remittances_: XNO can be used for cross-border remittances due to its fast and feeless transactions.
Availability:
XNO is listed on various cryptocurrency exchanges, including Binance, Kraken, and KuCoin.
Tokenomics:
- Total Supply: 133,248,290 XNO tokens
- Circulating Supply: around 126 million XNO tokens
Nano aims to provide a sustainable, fast, and feeless blockchain platform for various use cases.
If you have any more questions or need further clarification, feel free to ask!