NANO will soon become available for storage on hardware devices

The NANO team of crypto currency developers is working on creating "universal blocks" for storing the network on hardware devices.

The XRB digital asset will soon become compatible with storage devices after the development team releases the update.

Given the peculiarities of NANO's work, which consist in the fact that each user has his own blockchain, the data can be stored not only on small devices.

Thus, the generic blocks will help keep the XRB balance, reducing the history from unnecessary data. This would make it easier to add tokens to wallets, such as Trezor, or Nano (the name of the wallet is just a coincidence).

While the digital assets of XRB are fairly new, security and storage still remain a problem, especially after the theft of BitGrail.

NANO is gradually spreading to markets

At the moment, the NANO team is also testing the iOS wallet. Another development is the Nanex exchange, which, just a few weeks after the opening, already added new trading pairs, although the trade remained relatively low.

The market price of XRB declined sharply, and continued to decline gradually against the backdrop of a massive market fall. After a decline of 4.79%, its value was 9.92 a dollar.

Trading on the NANEX exchange has expanded to 550 LTC per day or more 21 BTC in pairs with XRB. More than 19 000 Bitcoin Private (BTCP) was sold, but the value of the new asset was reduced to 47 dollars.

The need for further development and testing means that the XRB and the NANO project may not be very popular for several years.

However, over time, it can displace any of the assets that currently occupy a place in the top. It usually takes many years, and some luck, that the asset is in demand among users.

In addition, some factors are important – distribution on the exchanges, community support, stable wallets and use as a payment mechanism.

Author: Olga Novikova, Analyst Freedman Club Crypto News
Image from Fotolia

Source: Read Full Article

Leave a Reply

click fraud detection