Bitcoin : - 10 minutes to several hours to get one confirmation, some exchanges need 6 confirmations or more, I'll let you do the maths - high fees (sometimes over $30) - not scalable, only gets slower and more expensive with mass adoption. - use an insane amount of energy.
NANO: - fast as fuck : 2 seconds or less wallet to wallet - FREE : no small fees, NOTHING. You can go back and forth between wallets for an infinite amount of time, you'd still have the same amount of NANO. - infinitely scalable, everyone in the world could use nano everyday, it wouldn't slow the network - use almost no energy to send and receive transactions
Nano is the new bitcoin. You have the opportunity to buy nano under $3. It's like buying bitcoin under $20. In hindsight, wouldn't you buy bitcoin under $20 ? Insane profits.
Buy some, and don't touch it for 2 years. You'll get your lambo.
Bitcoin > Goes up in price > Actual store of value. Nano > Constantly loses value > soon will have no value.
I like Nano quite a bit, but if it keeps going down it'll eventually be worth negative moneys.
Xavier Phillips
Internet is free, the currency of the internet must be free too. Bitcoin is not free. Bitcoin will not be it. Nano will.
Justin Torres
corrections.
NANO = Shitcoin King Bitcoin = King.
Cameron Reed
Also still up x10 since early december, not like bitcoin LOL
Chase Long
i don't own any nano, but it took me 45 minutes to send 75 dollars today in BTC
Blake Turner
You can't USE bitcoin. Bitcoin is good as a store of value, but we need something we can use for buying shit on the interwebs or paying a coffee. You really think the clusterfuck known as LIGHTING NETWORK will be usable ? Think again. Buy nano.
Parker Sanders
no crypto is usable atm. imagine accepting xmr only, but you have btc. by the time you get you btc converted to xmr, and sent to the address and addressing the price slippage it would of taken 6-9 hours, and then cashing that xmr. LN and Atomic swaps will fix this.
LN is centralized. they can't get it to work more than 1 hop, let alone the 10 hops they'll need for decentralization
Kevin Moore
LN is centralized is a meme. You brainlet.
Logan Fisher
Not really, it depends on how you use it. For a business or institution its channel will be more seemingly centralized than decentralized. Although, that's how the channel structure works with LN. Those accounts that need massive amounts of transactions in the QTY they use will need to have enough BTC in their channel to facilitate the functionality of the protocol. Those that don't can use many smaller channels, sometimes linked through the larger nodes. Centralized nodes are pretty much required for massive scale transactions that a company/bank would need.
Daniel Thomas
it's not a meme. i did the math myself. the developers themselves say it can't handle more than 1k users
Eli Wright
Didnt this drop 95%? Its dead bro. Nothing recovers from a drop that bad.
Camden Evans
I bought 2,000 NANO just in case it gets near ATH one day during the next bull run.
Jason Ramirez
Nano is the best approach making each wallet and own blockchain instead of making one blockchain for all wallets. Your own blockchain wallet will stay small, infinite scaling, fast as fuck. It just came too late imo. It's the best currency coin but it sadly came to late
Ayden Lewis
>litecoin 2014-2015
Asher Ross
Why use crypto at all? Let's just use something centralized like the current payment system, free transactions, instant, etc.
Nano scales by creating multiple chains, that is retarded and erodes the very meaning of cryptocurrency and distributed ledgers, no to mention smart contracts and the like will be strained and very limited. This is why you design a network that can scale using the main network, not off chains, off chains were pushed by chinese scammers to shill their shitcoins, and most of Jow Forums fell for it, HIGH TPS IS THE FUTURE. Dude anyone can have high tps with multiple chains, the real step forward is caling with one chain, that's why sharding is considered the future, nobody is investing money in developing multiple chains, it's retarded.
do your research before shilling this crap.
Brandon Peterson
There were also like 10 coins on the market and it was picked up by Coinbase.
Juan Lewis
You know you walked into a room of autistics when everyone is arguing which obsolete coin is better. BTC was just a proof of concept and will never work, NANO also doesn't work but to add onto the shittiness their distribution model cannot be proven. They used scam faucets and the devs probably soft exit-scammed. No coin with a premine as big as NANO and bitcoin can ever be used as a currency. IT WILL NEVER BE STABLE YOU AUTISTIC FAGGOTS!
Hudson Perez
People are getting tired of the devaluation of their wealth and dirt rotten bankers.
Zachary Moore
well then I have an other example, the ultimate shitcoin aka vertcoin
Luis Gutierrez
>Let's just use something centralized like the current payment system, free transactions, instant, etc.
You're hopeless if you think the current banking system is free. protip : it's not, far from it.
True, if some crazy shit like Amazon decided to add Nano as its prefered crypto payment system, then even Nano could recover. Certainly not going to put money in to it until then. As of now, its a dead coin.
Levi Edwards
Well, in this room you describe, you must be the most retarded of all.
In all honesty, I admit Nnao has had problems in the past. I started to lose confidence.
But I run a node, in the past I had to check it a few times a month and eventually restarting it if the process was stuck or not running. And I kinda stopped checking after putting the last update (v14 I think)
I just looked at it, it's running flawlessly. Not using too much CPU or memory, rock fucking solid stable. It's pretty impressive. Network was spammed a week ago, nothing happened.
You can't fix a coin that had a premine that wasn't 100% trustless, locked, etc. That's not crypto, that's taking advantage of the current sub 85 IQ level of this market.
Massive breakout coming in august. nano was one of the coins that suffered the most during the last bear market. It also will be the one that rises the most in an alt bull market.
No you're right retard, real life normal brain people are going to be thrilled to buy internet money, it will remain legal for stores to accept crypto as payment, and the artificial whales will stop buying and selling and will HODEL indefinitely.
Jaxson Nelson
Oh my God lol you had me going for a second. This is an epic larp I hope. You're a chartist too?! xD
Blake Jackson
not mine
Juan Sanders
Nano: >no incentive to secure the network >feeless transactions will lead to centralisation toward particular trusted nodes that merchants will have to use >network shitting the bed everytime it's stress tested >no crosschain compatibility with smart contract platforms >UX as dogshit as any other coins
Nano is clunky
Liam Miller
>no incentive to secure the network Doesn't need incentive. Why would it. You run a node because either you use it for your shop, or you support the network because you own Nano.
>feeless transactions will lead to centralisation toward particular trusted nodes that merchants will have to use Wrong, each business will have its own nodes.
>network shitting the bed everytime it's stress tested Wrong, only nodes that had problems were the ones hosted on $4 droplets, and even them were only a few minutes behind, so no big deal. $10 droplets nodes didn't have any problem whatsoever.
>no crosschain compatibility with smart contract platforms Nano is only a currency, doesn't aim to be something else.
>UX as dogshit as any other coins Wallets from the core team or wallets from the community are working very well. Wtf are you talking about ?
Austin Gray
>Doesn't need incentive Stopped reading right there. You are completely delusional if you think little and middle sized merchants will run their nodes, for the first it's too complicated, for the second it will be a pain in the ass to secure. In short they will rely on third parties which will generate centralisation and censorship to a magnitude worse than miners on blockchains. It's a broken economic system.
Running a node will be easier and cheaper than buying a credit card machine. Either with a dedicated box that can be bought for cheap or just running a node on any random PC or Mac. You're clearly misinformed.
David Sanchez
fast and free means nothing if its not secure. how secure is nanos model?
Ryan Martin
can you prove it is as secure or more secure than blockchain? if not its just a pajeet meme.
William White
main net since 2014 no incident ever, so I'd say pretty secure.
Nathan Barnes
It's blockchain technology too, done in a smart and different way. It's as secure as bitcoin. Ledger is immutable and there can't be a double spend.
