💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
Nano is a cryptocurrency that offers fee-less and instantaneous transactions. It attempts to serve as “digital money for the modern world” by being a simple peer-to-peer transfer of value across the world.
Launched in October 2015, Nano’s initial distribution was done through a distinct CAPTCHA faucet system in an attempt to Nano “as fairly and organically as possible”. The faucet required users to complete complex CAPTCHA tests to earn NANOs. Hence, instead of requiring computing resources (e.g., Bitcoin) to mine coins, the faucet allowed anyone with a computer to participate by contributing time and attention (vs. expensive computing resources).
To achieve its mission, Nano is built on Directed Acyclic Graph (DAG) network structure: Block Lattice. In Block Lattice, each account has its “own blockchain” to keep track of transactions. Since transactions are fee-less, accounts are required to perform some Proof-of-Work (PoW) tasks to send a transaction to prevent Sybil attacks.
In addition, Nano uses a unique and efficient consensus mechanism called Open Representative Voting (ORV): voting is tied to confirmation on the network and voting nodes (on the Nano network) are referred to as Representatives.
Nano token-holders can delegate voting weight to elect network validators. In contrast to most other cryptocurrencies, validators do not earn block rewards, nor transaction fees. Instead, they contribute voluntarily and enjoy the natural incentives provided by a secure and stable network.