Nano Currency

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Join the conversation on nano, an eco-friendly currency with ultrafast transactions and zero fees over a secure, decentralised network.

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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/nanocurrency by /u/SpaceGodziIIa on 2025-01-31 08:44:53+00:00.

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The original was posted on /r/nanocurrency by /u/sparkcrz on 2025-01-30 12:10:35+00:00.


As many of you know I've been talking about niche and parallel economies for a while now.

As the original goal of the cypherpunks when creating the concept of a cryptocurrency was to power an international or parallel economy with no government interference, bringing the control over money back to the hands of the people and not a centralized monopoly.

That said, Nano is a great tool for that, even without native built-in privacy.

However we have a few challenges to accomplish those goals and I'd like the community's opinion on how to tackle those on.

They are:

  1. Vertical / supply chain acceptance;
  2. Horizontal / wide community spread on many segments;
  3. On and Off-ramp volatility cost / risk absorption.

By those I mean:

  1. We still don't have a product that people accept Nano from the raw material to the end consumer;
  2. We still don't have many different professions and commerce owners participating in the community;
  3. We still have only a few p2p willing to partner with commerce and accept their influx of Nano (albeit small) for a fixed price, thus ignoring exchange volatility.

These points are all important to make real adoption a thing.

So, how would you go about to solve each one?

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The original was posted on /r/nanocurrency by /u/the_azarian on 2025-01-30 06:06:50+00:00.


Hey Nano community!

I’m thrilled to announce the launch of XNOPay POS, a brand-new point-of-sale solution to help merchants effortlessly accept Nano payments. Whether you’re running a physical store, selling at a pop-up event, or just want a quick and simple way to charge customers, XNOPay POS has you covered!

Key Features

  1. POS Keypad =============

Easily enter any custom amount with our simple, intuitive keypad. No fuss—just enter, tap, and you’re ready to go.

  1. Items List =============

Prefer a preloaded menu of products or services? Our items list feature lets you quickly choose from your inventory. Perfect for coffee shops, bakeries, or any business with set prices.

  1. Charge Types ===============
  • Custom Amount: Type in any amount on the fly. Ideal for miscellaneous charges or flexible pricing.
  • Item-Based: Quickly add items from your pre-configured list and let XNOPay POS handle the subtotal.
  1. Payout Address Setup with PIN Protection ===========================================

Keep your Nano payout address secure! Configure and protect your address changes with a PIN, ensuring your funds always go exactly where you want them to.

  1. Works on Mobile and Web ==========================

Use XNOPay POS on smartphones, tablets, or desktops. Our responsive design ensures a seamless experience on any device.

Getting Started

  1. Visit: Go to pos.xnopay.com on your preferred device.
  2. Set Up: Enter your Nano payout address, then secure it with a PIN.
  3. Add Items (Optional): Configure your items list for quick selection.
  4. Start Accepting Nano: That’s it—you’re ready to process your first payment!
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The original was posted on /r/nanocurrency by /u/sourc8cod8 on 2025-01-29 01:35:03+00:00.


Amongst other things, people who like efficiency. I bet the people at the Dep. of government efficiency like efficiency too. In their application (theyre hiring) they ask for 2-3 bullet points on why you're exceptional. I threw my best two and added something about nano because maybe it gets the right eyes. marketing team nano.

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The original was posted on /r/nanocurrency by /u/Qwahzi on 2025-01-28 21:05:00+00:00.

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The original was posted on /r/nanocurrency by /u/yap-rai on 2025-01-28 16:03:59+00:00.


Dive into this in-depth look at what V28 Electrum will soon bring to the Nano Node, a release that marks the beginning of Nano’s transition to commercial grade.

Read here:

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The original was posted on /r/nanocurrency by /u/Qwahzi on 2025-01-28 13:13:55+00:00.

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The original was posted on /r/nanocurrency by /u/Milan_d_r on 2025-01-28 07:27:11+00:00.

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The original was posted on /r/nanocurrency by /u/tech32spn on 2025-01-27 10:49:23+00:00.


Nano (XNO) could potentially benefit from the revolutionary approach of DeepSeek AI. Here's a summary of why:

Cost Efficiency:

DeepSeek AI's emphasis on creating high-performance models at a lower cost aligns well with Nano's fee-less transaction model. As AI applications look for cost-effective solutions, Nano's zero-fee structure could become increasingly attractive for microtransactions or peer-to-peer payments within AI ecosystems.

Scalability and Performance:

Nano's design for high throughput and low latency transactions matches the needs of AI systems that require real-time or near-real-time processing. As AI applications expand, particularly those involving numerous small transactions (like in gaming or IoT), Nano's scalability could be a significant advantage.

Energy Efficiency:

With DeepSeek demonstrating that AI performance can be achieved without enormous energy consumption through hardware, the synergy with Nano's energy-efficient consensus mechanism (Open Representative Voting, ORV) could be highlighted. This could appeal to the growing segment of tech users and developers concerned about sustainability.

Open-Source and Accessibility:

DeepSeek's open-source approach resonates with Nano's ethos. If AI developers start building ecosystems around DeepSeek's models, they might prefer cryptocurrencies that align with their values of openness and accessibility. Nano, being open-source itself, could see increased adoption in such contexts.

Microtransactions for AI Services:

AI models like those from DeepSeek could potentially use Nano for internal or user-facing microtransactions, especially in scenarios where traditional payment methods are too cumbersome or expensive due to fees. This could include paying for API calls, data processing, or AI service usage where speed and cost are critical.

Decentralization and Control:

As AI becomes more decentralized, there might be an increased interest in decentralized finance (DeFi) solutions. Nano, with its decentralized nature and direct peer-to-peer transactions, could fit into this narrative, especially if AI systems require a trustless, intermediary-free payment system.

Market Sentiment and Speculation:

If the market associates DeepSeek's success with a broader trend towards more efficient, less resource-intensive tech solutions, Nano might be viewed more favorably. This could lead to speculative investments or genuine adoption by developers and companies looking to leverage AI in their operations.

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The original was posted on /r/nanocurrency by /u/NanoMod on 2025-01-27 05:00:33+00:00.


Welcome to Nano!

This post is meant for things that are relevant but do not justify their own post. For example, debates, issues, simple questions, memes or similar.

We normally recommend using our Discord server for quicker answers but using this post is fine if you don't have/want Discord. Note that the official English Telegram channel for nano is @ nanocurrency.

It's common that users have the same questions. So please, before making a new thread, make some research and look for similar questions. You will often find a comprehensive answer to your question has already been given! Please also check the official nano forum linked below.

What is Nano?

A fee-less, instant, decentralized and eco-friendly digital currency meant for peer-to-peer payments. Ticker is XNO and currency symbol Ӿ.

Please check out r/nanocurrencybeginners or the Beginners Guide to Nano blog

Where can I get some and try it out?

Where to store Nano?

  • There are several wallets to choose from found in this guide or listed here
  • The most simple form is the Nano seed which unlocks your accounts. Make sure to keep a safe backup of it, or you will risk losing your funds!
  • Nano is supported on the hardware wallet Ledger Nano S and X. Refer to the Full Guide
  • More about Nano security

Trade / Price Talk Neighbour Communities

More Information

Rules:

  • Be respectful of one another. Follow the golden rule of friendliness
  • No trolling or shilling
  • No begging, bragging or illegal activities
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The original was posted on /r/nanocurrency by /u/FromAReliableSource on 2025-01-26 15:35:59+00:00.


Obviously this is just an announcement, but this would be great for Nano if it actually happens.

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The original was posted on /r/nanocurrency by /u/Faster_and_Feeless on 2025-01-26 23:25:33+00:00.

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The original was posted on /r/nanocurrency by /u/greedygoblintrader on 2025-01-26 15:20:56+00:00.

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The original was posted on /r/nanocurrency by /u/xocerox on 2025-01-25 20:01:18+00:00.


Hi, I have a nano address, I know both the private and public keys. I was using nault.cc for this but it now asks me for a password, which I can't remember.

how can I get control back of my account if I still have the private seed?

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The original was posted on /r/nanocurrency by /u/NanoisaFixedSupply on 2025-01-25 17:56:43+00:00.


We are are in a dire situation. We're living on a ticking time bomb, folks. Climate change, resource depletion, and overshoot (that's when we're using resources faster than they can be replenished) are not just buzzwords; they're stark realities. Every day, we're pushing our planet closer to the edge of multiple tipping points, where recovery might be impossible. We're not talking about a far-off future here; the freight train of ecological collapse is barreling down on us at breakneck speed. Climate crises, mass extinctions, and resource depletion are no longer looming threats—they're here, now. Traditional financial systems, with their endless money printing, are driving us towards a cliff of no return, accelerating our consumption beyond what Earth can sustain.

The environmental savior is Nano. Imagine a currency that not only doesn't contribute to pollution but actively helps reduce it. That's Nano for you. Here’s why investing in Nano could be the best and greenest decision you'll ever make:

  1. Zero Environmental Impact: Unlike Bitcoin, which uses energy-intensive mining, Nano operates on a feeless, instant, and eco-friendly network. Nano's transactions are processed with negligible energy, making it one of the greenest cryptocurrencies out there. By supporting Nano, you're directly reducing the carbon footprint of your financial activities. You are not mining precious rare earth metals out of the ground and contaminating ecosystems. Water supplies are not being poisoned by using Nano.
  2. Fixed Supply = Fixes Overshoot: Nano's total supply is capped at 133,248,297 coins. This fixed supply mimics the finite nature of our planet's resources. In a world where overshoot is killing our ecosystems, a currency with a limit will force us to reconsider our consumption patterns. It's an economic model that aligns with ecological sustainability, pushing for efficiency and conservation rather than unchecked expansion. It forces us to be responsible and well calculated with our economic decisions. This is a win win. Perfect money ethics will promote ethics on a societal level. You want more Nano? - you can't just print up more of it, you need to do actually do something valuable for people to earn it. Nano will end the age of financial injustice. With a fixed supply, Nano enforces limits on our economic behavior, mirroring the finite resources of our planet. It's a now-or-never moment to curb overshoot. Without this, we're doomed to consume our way to extinction.
  3. Saving Biodiversity: By fostering an economic system that values sustainability, we can redirect capital towards preserving biodiversity. Each Nano transaction could fund a tree, protect an acre of rainforest, or support initiatives that regenerate ecosystems. Your wealth could directly translate into a healthier planet. The average size of monitored wildlife populations on earth has declined by 73%over the last 50 years! Every Nano transaction could literally save a species, a forest, an ocean. We're talking about immediate action to preserve what's left of Earth's biodiversity. Your investment could be the line between existence and extinction for countless species.

Your Role in The Earth: Here's the deal: by investing in Nano, you're not just betting on a cryptocurrency; you're investing in the future of our planet. You're choosing a path where economic decisions are tied to ecological health. Every Ӿ you hold is a vote for a world where money supports life, not destroys it!

  • Be Part of the Change: By using Nano for everyday transactions, you're pushing for a system where every exchange is a step towards sustainability.
  • Educate and Advocate: Share the vision of Nano. The more people understand its potential, the quicker we can shift to a sustainable economic model.
  • Invest for Impact: Your investment in Nano is an investment in a sustainable future. It's not just about profit; it's about preserving life on Earth!
  • The clock is ticking. Educate everyone around you about Nano's environmental urgency.
  • Invest Immediately! Time is of the essence. Your investment in Nano could be what tips the scale towards survival.

The freight train of ecological disaster is upon us, but we have a chance to derail it. Nanocurrency isn't just another cryptocurrency; it's our lifeline to a sustainable future. It's time to make your money count for good, not just your financial portfolio; but in the health of our planet. Nano might just be the key to saving our planet from extinction.

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The original was posted on /r/nanocurrency by /u/tcurdt on 2025-01-25 12:24:24+00:00.


I just came to realize that Kraken has suspended Nano support for Germans (not sure I understand why) and now I can't do anything but transfer them somewhere else I guess. Question is where.

While I have always been bullish on the tech and ideas, I am bearish on the marketing side of the project. Not that I am eager to sell - but I would at least have the option for an off-ramp. My optimism is shaken.

So second best is to hold them myself. I don't really trust mobile wallets (as that means I need to trust their backup strategy). An my hardware wallet has unfortunately no support for Nano.

It seems like Binance is the only option. Any other suggestion?

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The original was posted on /r/nanocurrency by /u/SpaceGodziIIa on 2025-01-25 02:32:59+00:00.

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The original was posted on /r/nanocurrency by /u/jibbijabby on 2025-01-24 16:45:06+00:00.


I've been thinking about the Block Lattice architecture of Nano a bit and am wondering what stops nodes from excluding some accounts/transaction chains. The different transaction chains are only loosely coupled, so the network could presumably still work, if some transaction chains were to disappear. Verification of other chains, which interacted with the lost chain, could fail in the aftermath, but I'll just consider this collateral damage, which doesn't affect the whole network.

A malicious actor could threaten to delete selected accounts or a non-malicious actor could implement their own node and carelessly "invent a new form of pruning". Over time, it could happen that many new nodes clone themselves from the "pruned" node and older nodes disappear, so that the pruned accounts become lost forever.

I'm sure that I'm missing something important in my chain of thoughts. Can you tell me what it is? What mechanisms are in place to prevent "account pruning"?

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The original was posted on /r/nanocurrency by /u/1976CB750 on 2025-01-24 04:39:39+00:00.


Anyone else who thinks that would be a good idea to set up, and has some software engineering (or marketing, for after it's built) skills, please DM me and I will set up a mailing list and consider this one of my main projects for 2025.

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The original was posted on /r/nanocurrency by /u/READY_TO_SINGLE on 2025-01-22 23:50:54+00:00.


I’m new to crypto, please let me know if I’m misunderstanding anything. I don’t mean to make a redundant post if any questions I ask are answered somewhere, but I’m having a hard time knowing what to look for on my own.

My understanding is all a crypto network absolutely needs to have is an ordered list of transactions. Coins can even enter and leave the ecosystem as is the case with ETH so long as they are marked accordingly in the ledger. This “ordered list “ is all we need to figure out who owns what, and to verify that no one is spending money they don’t have. Otherwise, to have real value the network also needs security and protection against currency debasement. And other features carry pros and cons and that’s where the distinctions lie between all the different coins out there.

When learning about Bitcoin/Ethereum I had a hard time understanding why we

A) need blocks and a blockchain at all B) need miners/stakers

It seems like these are pretty arbitrary choices. I acknowledge the network must agree on an order in which transactions took place, but simply doing so with each individual transaction seems totally fine as well rather than batching them together based on some arbitrary selection process.

As for miners/stakers, everyone knows which transactions are actually valid since they’re signed by the sender, so these roles don’t seem to actually be adding any security value. I understand that the network must agree on an order. But is there really no way to establish an order without picking someone to decide and forgo the “security budget?”

It seems like Nano’s way of determining order is one way to answer to that question—as I understand it, when a transaction occurs the interested parties just blast it out to every node and everyone votes on where it goes in the ordered list based on predetermined rules. No waiting for a new block to drop or whatever.

Ultimately the nitty gritty of ordering transactions that happen close together doesn’t really seem to matter and the main thing is making sure that double spends don’t happen. Bitcoin in its current state does that perfectly fine, but it seems like there’s a bunch of extra work involved for no reason.

So what’s the catch? Nano’s system seems to be simpler and better for the environment. And on top of that there’s fixed supply and fast, FREE transaction settlement.

I’m having a hard time finding the answers to the following questions:

are there other blockchains that have an ordering mechanism like Nano? As in some kind of voting.

what are the other methods by which a network can agree on ordering? I know of POW, POS and ORV. The “proof-of” methods seem convoluted.

what does the Nano blockchain do poorly? The only con I can think of is node operators spend money on compute and aren’t explicitly compensated. And this is a design choice that can be solved with minor transaction fees distributed to node operators that vote or something.

does this network just do everything the best? In which case is the only reason the coin hasn’t mooned the fact that it wasn’t a first mover?

I’m sure most of these can be answered with deeper digging but I figured asking here could be more expedient and maybe there’s resources that contain all of this info in one place. Thanks!

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The original was posted on /r/nanocurrency by /u/Milan_d_r on 2025-01-22 08:06:12+00:00.


We've posted before about how we (NanoGPT) use Nano as our store of value, and wrote a blog post about our reasoning: .

We've decided to be a bit more transparant about this.

For those that want to see our stack grow over time, here are our addresses.

nano_11tikb8iji6hdqfcfdcypoy9ekfj5he7p1m5qrc3njskfx819ax5a31ku9eb

nano_1di44o49nkmsniekwdr7f71p5esfske99wzoomg9g4tqhw67r8yiuienrsgi

nano_3wh98s5ptb8o1ho354sti7pda4ofy6xkkuxwzmb88qj4az7o1uamjjdxtz1j

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The original was posted on /r/nanocurrency by /u/BuildingAStartup on 2025-01-22 01:49:14+00:00.


Hi!

I found out about Nano through r/nanocurrency on Reddit, and I imagine that’s the case for 95% of new buyers. Kudos to this group and its 123k members.

I bought because a supply of only 133 million, and the potential of the future of free transactions as America pushes crypto is huge.

Questions:

Are there protocols in place to prevent future spam attacks?

How have free transactions not taken off?

Thoughts:

How have I been in crypto for months and not heard about Nano until stumbling upon this Reddit group? Is the lack of marketing the reason this coin hasn’t taken off?

With 123k followers on Reddit, why haven’t the developers leveraged user support to grow or guide development based on community input?

I bought into a presale for the first time and got hammered with gas fees. I then learned I’ll need to pay again just to withdraw the coin—ridiculous. Why doesn’t Nano create coins under its umbrella and offer free (no gas) transactions for presales? With 123k followers, I’m sure most of us would be interested if the coin had real-world use, and that tactic could help Nano’s value grow.

Finally, a quick thought on Nano-GPT: payments are free, but Nano-GPT isn’t? Doesn’t that go against the brands identity?

I’m posting this because I want Nano to achieve its potential!

Best to all of you!

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The original was posted on /r/nanocurrency by /u/forgot_login on 2025-01-21 19:31:50+00:00.


Today multiple crypto related initiatives are being put into motion.

SEC Commissioner Hester Peirce has been identified to run the crypto task force at the SEC

There should be a full frontal lobbying assault by any remaining Nano Foundation members to get Nano acknowledged.

We are so far behind so many less desirable projects, I really hope they make the effort here.

The USA is about to be the leader in the clubhouse in the space, I recognize why London was made home base years ago, but it is time to put the work in state-side.

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The original was posted on /r/nanocurrency by /u/Qwahzi on 2025-01-21 19:02:16+00:00.

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The original was posted on /r/nanocurrency by /u/ornerybeef on 2025-01-20 23:05:51+00:00.


The next major release of NanoPow is now available! If you haven't seen my previous posts, NanoPow is a Nano work generator writen in Javascript using the WebGPU API. Basically, that means it can generate PoW locally and offline in any supported browser!

I'll keep this one brief and stick to the updates:

Changelog

  • Creates new options parameter to expand configuration choices; these currently include the existing threshold option, a debug flag, and an effort value to scale with hardware. NOTE: This is a breaking change if you were already using the optional threshold parameter, and you should update your calls to pass { threshold: } instead.
  • Streamlines BLAKE2b algorithm by switching from scalar operations to vector operations, reducing file size by over 58% and better matching the original C reference implementation.
  • Includes TypeScript types for use in development editors.
  • Applies many of these updates to the WebGL fallback option.
  • Greatly expands the options available on the testing page.
  • Fixes a bug with the validate function where a valid but different nonce would be reported as a match to the input nonce.
  • Fixes a bug with the truncated average benchmark calculation.

Benchmarks

Lots of benchmarking tweaks can be found on the testing page in the repo (link below), and results may vary slightly, but here are a couple simple measurements for send blocks in PoW per second:

  • Nvidia RTX 3070: 4.82 pps
  • Intel i7-11370H + Iris Xe: 0.21 pps
  • iPhone 12: 0.16 pps

Links

Install in your project from npm:

Include directly on your webpage from CDN:

Clone the repo:

Test your own system:

If you have any questions, critiques, or feedback, please let me know! I'm excited for this release and more to come! ;)

Thanks everyone!

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