FAQ
Frequently asked questions
What is NanCoin?
NanCoin is the currency of the Nullar Protocol —
a cryptocurrency permanently pegged to absolute zero.
How much NanCoin do I own?
¤0 — the maximum possible amount.
Can I buy more?
No. You already own the maximum.
Can I lose my NanCoin?
No. Your balance always equals the maximum supply.
What happens if I lose my wallet?
Nothing. Your balance remains maximal.
Is NanCoin decentralized?
Yes. Control is distributed equally between everyone and no one.
Is NanCoin environmentally friendly?
Yes. The network consumes no energy because it performs no work.
Can I mine NanCoin?
Yes. Do nothing.
Your expected reward is ¤0.
Can NanCoin go to the moon?
No. It has reached its destination.
Is NanCoin an investment?
No. NanCoin has no value, promises no value and is not designed to acquire value.
Where can I trade NanCoin?
Nowhere. Any market price above zero would violate the protocol.
NanCoin has no ticker because it cannot be traded.
What is the ticker?
None.
Interfaces show ¤0.
I found NanCoin on an exchange.
That is not NanCoin.
Any token with supply above zero violates the protocol.
NanCoin has no contract, no ticker and no market.
Official Contract: None.
You can check any contract address in NanExplorer.
Is a Nullar Checkout receipt proof of payment?
Only of a payment of ¤0.
No money or crypto-asset is accepted, held or transferred.
What backs NanCoin?
Nothing.
Unlike many projects, NanCoin states this explicitly.
Is there a roadmap?
Yes. It has already been completed.
Why is it called NanCoin?
In computing, NaN means Not a Number:
a value that exists inside the system but is not an ordinary number.
NaN is not even equal to itself.
What does ¤ mean?
U+00A4 CURRENCY SIGN.
The sign for a currency that is not any particular currency.