Colin LeMahieu, Founder of Nano Foundation, software engineer and inventor, stated in the past month tweeted: "Maintaining strong principle representatives is what keeps $nano highly decentralized." He also said in the past that "Speed matters and nothing beats $nano.”

In a previous interview withChangelly, Colin stated: "Ratherthan asking a user to pay Nano to send a transaction, the network requires aminimal Proof of Work to be attached to each transaction to prove its validity.This all happens behind the scenes within the software, and the proof of workcan be pre-computed, allowing the transactions to be exceptionally fast, aswell as fee-less.”

Joohansson, Community manager detailed on how to send $NANO by making use of an offline device in a video guide. The Nano account is secured with a seed, which controls the private keys.

Offline storage and offline signing is a secure method in performing transactions. The data is non-sensitive and cannot be altered in a way to compromise the funds.

Nano Links tweeted: “Announcing #KeyTools, a brand new set of secure, high-performance web tools for $Nano!”

Nano Network Visualizer

The Nano Network visualizercomes from nano-faucet. Real-timecryptocurrency transactions can be seen on the network as they occur, andinvestors can explore it at their leisure. Every block is represented by acircle. And, the size of the circleincreases based on the amount transferred.

Srayman, the community member,submitted a proposal to the Nano foundation for development purposes. Nano is evaluating the proposal for probableinclusion in the future node releases. Discussions about the proposed optimization are ongoing in the forums.

1. Proposal #1 — Increase Initial Fanout and Reduce Rebroadcasting Blocks.
2. Proposal #2 — Nano Node Network Structure Changes.”

Nano Cryptocurrency Network and Talented People

Nano cryptocurrency network ispowered by talented people. The networkmakes use of a private and public key system to send and receive theblocks. In the nano network, theseeds/private keys are very important to secure the cryptocurrency.

The price of Nano has been trending at $0.633261. On the list of updates to the Nano ecosystem, the chief notable information is about:

1. Update on the PoW research for the Nano.
2. Release of Key Tools for Nano.
3. Release of Nano Africa Website.
4. Nano Xmas tree recap.
5. Canoewallet end of service.

Nano is the future of money asit makes money more efficient. It isideal for peer-to-peer transactions.

Nano tweeted about Pippin, a new Nano wallet meant for developers. Those who are looking to #BuildOnNano and do not know which $NANO wallet to use will do well with Pippin. Pippin assures high performance and is production-ready.