According to Wiki: Nano-thermite is the common name for a subset of
metastable intermolecular composites (MICs) characterized by a highly
exothermic reaction after ignition. 

That is almost an understatement. MICs are not just an incremental gain in
explosive power, but when processed in the sub 2 nanometer range, there have
been blog reports of order of magnitude increases, consistent with k-shell
interaction. Could be rumor. Could be fractional hydrogen . if in processing
the iron oxide, water is taken on (or added intentionally).

Nano-thermites (thermates) contain a tightly bound oxidizer and a reactive
metal like aluminum. Magnesium is even better. The tighter the oxidant is
bound, the more reactive can be the reducing agent.
Imagine liquid triple bound CO, the most tightly bound oxidant possible, in
a nanocavity matrix of magnesium, for instance - how does it compare with
nanothermite?


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