XRO · Live since 20 October 2023

Money that moves instantly and costs nothing to send.

RaiblocksOne is a fork of Nano. No fees, no mining, no waiting — transactions settle in seconds, and the energy cost of sending one is a rounding error next to a proof-of-work chain.

How it works

The same architecture as Nano: a block lattice instead of one shared chain, and voting instead of mining.

No fees, no waiting

Every account has its own chain, so senders are not competing for space in a shared block. Confirmation takes seconds rather than minutes, and costs nothing either way.

Open representative voting

You delegate your balance's voting weight to any representative you like, and change it whenever you want. Once representatives holding more than 67% of online weight agree, a transaction is cemented and irreversible.

Nothing to mine

No mining rewards means no arms race for hardware, and no pools consolidating the network. Running a node is cheap enough that participating is not a business decision.

Supply and distribution

XRO was distributed by taking a snapshot of the Nano ledger on 24 May 2023. Every Nano account holding or owed more than one Nano received the same amount in XRO. Exchange accounts and the Nano burn account were excluded.

Total created
340,282,366.9XRO, fixed — (2128 − 1) / 1030
Distributed at snapshot
87,918,160.34XRO to Nano holders
Reserved for rewards
252,364,206.58XRO over 30 years
Maximum daily payout
23,046.95XRO to principal representatives

Why rewards exist at all

Nano's development fund is nearly spent, and there are no new Nano to distribute. XRO keeps the fair distribution but reserves the remainder as a daily reward to principal representatives — anyone holding at least 0.1% of online voting weight. Since you choose your representative freely, you can back the ones building things you actually want. More in the FAQ.