Raiblocks Just Got Listed On Binance! Price Surges 41%

in #cryptocurrency6 years ago

Former XRB now NANO Just got listed on Binance.

It’s been a wild couple months for cryptocurrencies worldwide, with most important swings of volatility. RaiBlocks is no exception, having rocketed up from less than $zero.25 on Dec. 1 to almost $35 earlier this month. but amid all that motion and developing call-popularity, one team has decided to rebrand.

in step with a blog publish out today, RaiBlocks is formally turning into ‘Nano.’ The selection got here after the team amassed together to discuss their vision of the future:

In November, the crew collected to discuss the destiny of Raiblocks and broaden plans to similarly the project’s increase. One topic discussed changed into the call itself (“Is it, ray or rye?,” “Ditch the Blocks!,” “just call it Rai!”). remarks from the community advised that upgrades will be made to higher resonate with the general public and a mainstream target audience. due to this, our crew made the selection to rebrand.

Thanks For Reading.

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A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Central to the genius of Bitcoin is the block chain it uses to store an online ledger of all the transactions that have ever been conducted using bitcoins, providing a data structure for this ledger that is exposed to a limited threat from hackers and can be copied across all computers running Bitcoin software. Many experts see this block chain as having important uses in technologies, such as online voting and crowdfunding, and major financial institutions such as JP Morgan Chase see potential in cryptocurrencies to lower transaction costs by making payment processing more efficient.

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