What Is Nano (XNO) and How Does It Work?
Nano (XNO) is a lightweight, decentralized digital currency designed for instant, feeless peer-to-peer payments. Originally launched as RaiBlocks in 2015 and rebranded to Nano in 2018, the project focuses purely on being efficient digital money rather than a smart-contract platform. Its core value proposition is simple: fast transactions, zero fees, and minimal environmental impact.
Nano works using a unique block-lattice architecture, where each account has its own blockchain. Instead of bundling transactions into blocks like
Bitcoin, Nano allows users to update their own account-chains independently. This enables near-instant finality and high scalability because transactions can be processed asynchronously without waiting for miners or block confirmations.
The network secures transactions through Open Representative Voting (ORV), a consensus mechanism where account holders delegate voting weight to representatives who validate transactions. There is no mining, no
staking rewards, and no inflation; the entire XNO supply was distributed at launch. As a result, Nano delivers energy-efficient, real-time digital payments suitable for microtransactions, remittances, and everyday use cases in 2026.
When Did Nano Network Launch?
Nano was originally launched in October 2015 under the name RaiBlocks (XRB) by software engineer Colin LeMahieu. The project introduced its innovative block-lattice architecture to solve scalability and fee issues seen in early cryptocurrencies like Bitcoin. In January 2018, RaiBlocks officially rebranded to Nano (XNO) to reflect its focus on fast, feeless digital payments. Since launch, Nano has operated with a fixed total supply of 133,248,297 XNO, fully distributed via a faucet system rather than mining or ICO fundraising.
Nano Roadmap and Key Milestones
- 2015 – RaiBlocks mainnet launch with block-lattice architecture
- 2017 – Growing exchange listings and community expansion
- 2018 – Rebrand from RaiBlocks (XRB) to Nano (XNO)
- 2020–2022 – Major protocol upgrades improving spam resistance and network performance
- 2023–2024 – Ongoing node optimization and security enhancements
- 2025–2026 – Continued focus on commercial-grade adoption, scalability improvements, and ecosystem tooling for payments integration
What Is the XNO Token Used for?
Nano (XNO) is designed purely as a digital currency for instant, feeless payments. Unlike many modern blockchains, Nano does not support smart contracts, staking rewards, or inflation; its sole purpose is to enable fast peer-to-peer value transfer across the globe. XNO can be used for everyday payments, cross-border remittances, microtransactions, merchant settlements, and tipping without worrying about network fees.
The network operates through Open Representative Voting (ORV), where holders can delegate voting weight to secure the network without locking or staking their tokens.
You can trade XNO easily on the
BingX Spot market by selecting the
XNO/USDT trading pair and placing a
market order for instant execution or a limit order to buy or sell at your preferred price. Simply fund your BingX account with
USDT, search for XNO in the Spot section, and use advanced trading tools such as charts and order books to manage your positions efficiently.
What Is Nano Crypto Tokenomics?
Nano (XNO) has one of the simplest and most transparent tokenomics models in the crypto industry. Unlike inflationary blockchains, Nano has a fixed maximum supply of 133,248,297 XNO, and 100% of the supply is already in circulation as of 2026. There is no mining, no staking rewards, and no future token emissions, meaning no ongoing dilution for holders.
Nano’s distribution model was also unique. Instead of conducting an ICO or private sale, XNO (then RaiBlocks/XRB) was distributed via a free faucet system between 2015–2017, allowing users worldwide to earn tokens by solving CAPTCHA challenges. This approach aimed to encourage fairer distribution compared to traditional token sales.
Because Nano has no inflation and no block rewards, its long-term value proposition is tied directly to network adoption and real-world payment usage, rather than token emissions or yield incentives.
How to Run a Node on Nano Network
Nano allows anyone to run a node to help secure and decentralize the network. Nano uses Open Representative Voting (ORV), and nodes can operate either as non-voting nodes (which relay and validate transactions) or as representatives that participate in consensus if they receive delegated voting weight.
- Use a server with a modern multi-core CPU, 8–16GB RAM, SSD storage, and a stable internet connection.
- Install the official Nano node software from the Nano GitHub repository.
- Configure the node settings and allow it to sync with the network.
- (Optional) Set a representative key if you want to become a voting representative.
There are no
mining rewards or staking incentives for running a node. Operators typically run nodes to support decentralization, improve network reliability, and contribute to the long-term growth of the Nano ecosystem.