A community-driven Layer 1 cryptocurrency built on Nano-derived block-lattice DAG technology, offering fast, feeless transactions, tipping, faucets and meme-powered crypto education.
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Reward scheduleBAN was created at genesis rather than issued through conventional block mining. The original supply was approximately 3.403 billion BAN, with subsequent coin burns reducing the outstanding supply. Community distribution takes place through faucets, giveaways, tipping and initiatives such as Folding@Home rewards. Open Representative Voting confirms transactions without conventional mining rewards. Lightweight Proof-of-Work has historically been used for transaction spam prevention, not coin issuance.
Protocol facts reviewed 2026-11-11. Live readings refresh separately.
Banano originated as a fork of Nano (formerly RaiBlocks), inheriting its block-lattice architecture and representative-voting design. Launched independently on April 1, 2018, Banano adapted protocol parameters and introduced its own currency, wallets, community distribution initiatives and meme-focused ecosystem. Nano and Banano operate separate ledgers and networks.
Code fork · April 2018
Banano forked Nano's open-source codebase and retained its block-lattice ledger and representative-voting architecture. The new network introduced its own genesis distribution, BAN currency units, modified computational-work requirements, separate wallets and community-oriented initiatives. It is an independent cryptocurrency rather than a continuation of Nano's transaction ledger.
Additional context for this history.
Banano (BAN) is an independent, community-driven Layer 1 cryptocurrency launched on April 1, 2018. Originally developed as a playful fork of Nano (formerly RaiBlocks), Banano combines feeless digital transactions with meme culture, community engagement and cryptocurrency education.
The network uses a block-lattice architecture built around a directed acyclic graph (DAG), where individual accounts maintain their own transaction chains. Unlike conventional blockchains that group transactions into globally produced blocks, Banano allows account-level updates to be confirmed through representative voting.
Consensus is secured through Open Representative Voting (ORV), in which account holders delegate voting weight to representatives without transferring control of their funds. Banano does not rely on competitive Proof-of-Work mining to issue coins, although lightweight Proof-of-Work has historically served as an anti-spam mechanism.
Banano's ecosystem includes the Kalium mobile wallet, community tipping bots, faucets, giveaways, the MonKey address-avatar system and independent applications such as JungleTV. Its BananoMiner initiative also rewards participants for contributing computing resources to Folding@Home scientific research, rather than mining the Banano network itself.
Initially created with approximately 3.4 billion BAN, the project has reduced its outstanding supply through coin burns. The remaining supply includes coins in circulation and funds reserved for community distribution.
Banano's emphasis on accessible wallets, low-friction transfers and community participation makes it a distinctive example of a meme-oriented cryptocurrency built on its own transaction network rather than an issued smart-contract token.
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