Railblocks (XRB) is a crypto currency which the name was later changed to nano in the year January 2018.
Nano is populary known as a crypto that does not charge for its transaction and also faster in terms of transaction.
Short history of nano
On October 2015 the founder of nano give a notice or announced Railblocks in a popularly crypto currency forum called Bitcointalk.
During the crypto Bull race on 2017 nano became more popular in some part of the world.
On 2018 Nono name was changed from Railblocks to nano coin.
How people move from Bitcoin to Nano coin.
Earlier back when Bitcoin was still finding it difficult to handle too many transactions at a time, and at some point Bitcoin transactions were taking hours or days for it transaction to be successful.
The transaction fee for Bitcoin went higher than before, at the end of December 2017 Bitcoin now use upto 55$ per transaction.
When many Bitcoin users got noticed of nano, crypto currency with no transaction fee, nano made most of the Bitcoin users changed their mind and as at then nano coin got many users.
From early December 2017 to earlier January 2018, nano coin price increased more than 100 times (10,000%).
While some nano coin users was able to benefit from the increase of nano price so also some nano uses also lose million of dollars when nano was hacked and nano users lost $170 million in nano.
How nano faucet works
Nano coin is not like other new crypto currency that start with distribution of coin like airdrop, initial coin offering (icos) etc.
Nano used captcher faucet system to initial distribution.
Nano coin blockchains
In nano coin blockchain every account has it own blockchain, unlike Bitcoin that follows the same nodes.
Since each nano coin account is only responsible for its own history of transaction or chain so users don't have to wait for their transaction to be added to a share.
In nano more than 1 million transactions can happen at the same time.
Nano vs. Bitcoin
I know you will be asking your self that how dare me compare Bitcoin with nano coin, but to be sincere nano coin is more reliable to Bitcoin.
In nano coin each account as it own blockchain unlike Bitcoin that all transactions follow one single blockchain.
Nano take at least 2 to 3 seconds for it transaction to be successful.
Bitcoin transaction take hours or days before it transaction can be successful.
You can send nano coin to millions of people without paying any transaction charges.
In Bitcoin, you will be charged for each transaction you do.
Nano aims is to create an alternative to both fiat currency and dominant cryptos as a means of every payment. And also cure the bogged down of technology limited.
Were to trade nano coin
Kucoin
Coinbase
Binance
Exodus
Were to store nano
I will list out the easiest nano wallet that will be nice for you.
Natrium wallet:
Natrium wallet work for both iOS and android device and you can get natrium wallet on play store or in some app store.
Please after downloading nadrium wallet make sure you write out the secret phrase, and do not use the seed for your back up because if you delete the app you can not use the seed codes to restore your nano coin only your secret phrase will be used.
Canon wallet:
Canon wallet also work for android and is almost the same as Natrium wallet but their review on play store is very bad although I haven't use it before. So I will advice you to go for Natrium wallet.
nanowallet.io:
Nanowallet.io is an online nano wallet were you can store your nano coin. But they have too many security, once you forget the I'd you use on their website your nano coin are gone unless you remember your seed codes which you can easily use to recover your nano coin.
Exodus wallet:
Exodus wallet is a multiple crypto currency wallet that also have in-app exchange were you can easily trade or exchange nano coin to other crypto currencies easily.
Exodus works for desktop and mobile.
There are still some nano wallet which I didn't listed here because I don't know how the works, if you ask me which is the best among this nano coin wallet I listed here I will say it Natrium wallet and exodus wallet because they are more simple and easy to use, although other wallet are good too but I prefer Natrium wallet and exodus to others.
2020 free nano coin faucet
This faucet websites doesn't require you to perform any task before you will be able to withdraw, all you have to do is to copy and paste your nano coin wallet address and paste on the site and click claim, then your nano coin will be transferred to your wallet immediately.
List of nano coin faucet
Website and app to get free nano coin
Only few website gives free nano coin for performing simple task
Telegram bot that offer free nano coin
You can also earn free nano coin on deligatebot just by performing simple task daily.
Read the review of deligatebot click here
You can donate some nano coin to this address
nano_113s8coyptzbxy863qd5tz7oohnjaywgib387nfq476ymejox95y1tock6em
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