Validate RaiBlocks wallet address
Disclaimer: This tool will try to validate the syntax of your address and is unable to actually confirm if specific address exists or belongs to someone. Regardless of the results of this tool, always double check that you are sending/receiving funds to an existing address.
Nano, formerly known as RaiBlocks, is a cryptocurrency launched in 2015 that offers instant and feeless transactions. It utilizes a unique block-lattice architecture, where each account has its blockchain, allowing for fast and efficient transaction processing. Transactions on the Nano network are recorded and confirmed asynchronously, without the need for mining or transaction fees. This approach enables Nano to achieve high scalability and energy efficiency compared to traditional blockchain networks. Users can validate Nano wallets and transactions by cross-referencing crypto addresses on the blockchain. Nano's transaction history reflects its focus on providing a scalable and user-friendly digital currency solution, with an emphasis on fast and feeless transactions.