NANO is a cryptocurrency that powers Nano's Block Lattice. Nano offers instant and fee-less transactions on an open, decentralized network. This unrivalled functionality is built on the Block Lattice. Block Lattice is a data structure in which all users and accounts each have their own blockchain, it allows users to transact freely without delay. It is designed for a low-latency payment platform that requires minimal resources, in which users provide the computational power required to verify their own transactions. In such, making Nano ideal for peer-to-peer fast and feeless transactions.
As an efficient payment platform, Nano requires minimal resources to operate a node, and transactions are verified by quickly, using a sustainable, miner-free consensus mechanism. These desirable features and low barriers of entry make Nano an ideal solution to peer-to-peer transactions for users worldwide.