>Instant transactions
>Feeless
>Decentralised, both in design, and in operation
>Permissionless
>Environmentally Friendly
>Scaleable - to possibly 7000tps. (300tps has been seen on mainnet)
>Simple - a User eXperience that even your granny could understand
>Working today (not future vapourware)
>Android, IOS, desktop and browser wallets
>Securable on Ledger Nano S & Jolt hardware wallets
>Easy for merchants to integrate into Point of Sale via BrainBlocks and Kite
>Works even if you're offline, even with paper wallets
>Can securely reuse Addresses
>Not classifiable as a Security
>On Binance and eight other exchanges
>p2p exchanges coming - LocalNanos.com due on Aug 21st and PayFair
>Would cost at least one third of its market cap to breach its security with a 51% attack
>Awesomely-supportive community has contributed many of the above
>Can be used as an arbitrage coin once on all exchanges
>Lack of fees makes it usable globally e.g. in Venezuela where some coins' fees exceed the local daily wage
>No inflation - All coins in circulation
>Easy to run a node with cheap hardware - A single-board computer is enough like the Brainblocks Pod
>No mining required that mess with graphic cards market
>Several block explorers to choose from like Nanode or MeltingIce
>Promising Roadmap with many points already solved
>Driven by intelligent people with a clear vision and awesome Dev team
>Transparent development where anybody can jump in and contribute
>Protocol and many wallets are open sourced like Nano wallet company, Canoe, Nano Blocks and Nanovault
>Being considered for Coinbase Custody
>Near instant and zero fees makes Nano to maybe THE best currency to be used for micro transactions like gambling, betting and other online services
NANO is the future
>0 demand
>another dead currency shitcoin in a sea of hundreds
>nobody cares
>not even if it does a blowjob for free
>nope
>are you still stealin at these prices mate?
i bought 4.4k xrb exactly 14 months ago and sold in december 2017. Maybe Nano is the future, but youre in the past. Link it in bruh
i cannot wait for all the salt when NANO takes off. buying now is like getting BTC in 2011
No getting it for free from the faucet is like getting in btc early. You are a bag holder. Crypto adoption isn’t coming soon. Thruput doesn’t matter right now. By the time it does, someone else will do it better. Nano is gonna have a back full of arrows
Decent coin. I'd keep an eye on it.
It was an airdropped currency. That's enough to stay away if you're intelligent.
i have yuuuge bags. who do you think has been buying all the NANO that was panic sold the last few weeks. feelsgoodman
not airdropped. it was distributed through captcha solving. it's more distributed than BTC and especially shit like ETH and EOS (which NANO doesn't compete)
If it's free and permissionless how do you stop spam attacks?
>the future
yeah, until better tech comes along, which it already has. where's the incentive to use this alt instead of another alt? none of them have any real users, just speculaors.
when the speculators move on to the next hottest thing, what staying power do you think a now outdated nano really has?
altcoins are always being deprecated, and are never the future of anything.
There are 2 camps, those who bought and those who got it for free, freeloaders won
oh, you mean all the pajeets that bought a few thousand captchas for a few dollars? the distribution is the reason why it will never be taken seriously as a currency.
t. miners whose business model isn't required with NANO
But you can do all the proof of work beforehand and then unleash massive numbers of transactions, right? I thought that's how they stress tested the network. If not, it's no longer "instant".
I have just over 4K nano left. I didn’t pay a dime for it. That’s by no means a whale. But just a few years ago it was free. Now it’s lost like 95% from ath. Why is that going to be used as a payment system ?
they do. and it increases the throughput. DAG's are different from blockchain in that spam doesn't slow the network, in some cases, it speeds them up.
you're assuming it's the end right now. like all assets ever made, the more they are distributed the less volatile they become.
And i am here refusing to but it for more than $1
Should i really buy it now or wait a few days/weeks?
The amount of (cope) is off the charts with this guy.
I get in places that have bad inflation. It seems pretty good. But what’s to stop another coin that is faster from taking this position? Since it would come along later we can assume more people would be in crypto and tf have a better distribution
I understand why spam would increase throughput in IOTA given each transaction must confirm two previous transactions (although this is theoretical and spam has still proven to be an issue in practice), but I don't see how it could help Nano. Even if it did, at some point a high number of transactions will cause nodes to start de-syncing.
That's literally an airdrop.
Sorry but you need to expend energy to create value.
This is exactly correct, the distribution method is incredibly important.
I ll buy in sub 30cent.
>spam doesn't slow the network, in some cases, it speeds them up
>the price decrease us actually bullish
IOTA doesn't work. NANO does, the stress test showed that.
>Sorry but you need to expend energy to create value.
NANO uses PoW, it's just more efficient than BTC. the amount of energy doesn't have to correlate to value
the entire crypto market is down and NANO has a lot of weak hands for which i am grateful. otherwise, i couldn't have loaded up so much recently
Lightning network makes NANO irrelevant.
Inb4 muh bcash.
You going to miss the boat. DCA.
If this is like BTC at $10, then you only need 100 to be a millionaire in a few years. Most people can afford that.
in theory, you are correct. however, LN isn't accessible for most and doesn't work yet. also, there are still fees. NANO works right now and is feeless.
nano is a shitcoin, muh "scalable", the transaction has no real cost except very small pow, if the network gets popular it will be easy as fuck for a hateful richfag to ruin it, let alone a company or government that wants to kill it off
Try buying half the supply in order to "ruin" it. Everyone holding tokens would take profits and get rich as fuck during the super bull runup when an entity trys to get 70 million Nanos
>muh this is a bad thing
KYS Faggot
i like your style, dude
There are dozens of coins out there validating transactions in less than a minute..
In the meantime Nano has:
>no privacy
>dogshit UX
>no interactions possible with smart-contracts
Nano is just fast, which isn't that a big of a deal deal because pure payment protocol can easily scale on-chain anyway (if BTC augmented its blocksize to 32 MB none of the fiasco of the last year would have happened).
>>Near instant and zero fees makes Nano to maybe THE best currency to be used for micro transactions like gambling, betting and other online services
LMAOing at people thinking being feeless is a good thing for a decentralized network, it's a recipe for centralization.
cool, bro. you have it all figured out. are you retired yet?
THIS SHIT DROPPED FROM 30$ OFC ITS GOING TO GO UP RETARDS
I really really really don’t believe it’s the future OP. I don’t think the internet of money should be “free” I don’t think transactions should be “free” I don’t think the government should give out handouts either. I really think nano is an SJW coin it appeals right into their ballpark of fantasies.
>If x coin does y then nano would be shit.
Nano is here right now , constantly improving and functioning at a scale other coins can claim but have not proven. TPS is not as important for currency as how quickly you can verify the transaction. Old chains will still have block timings anything outside of this has not been developed. You gonna stand around for 30 minutes to pay for your coffee in the morning.
The only other hope in this field was IOTA and the tangle is an unscaleable clusterfuck right now.
I would say steralize yourself but you only go for dudes fucking you in the ass, so no risk of spreading your inferior genetics any further.
it's not free. it's feeless. learn the difference
Feeless isnt an advantage. Fees are for spam prevention and incentivising nodes, both of which nano has trouble with
Have fun with your payment only coin lol
>that webm
holy kek, that was hilarious
All of you are so deluded, it's like peaking at a psychiatrist ward
Are you saying i won't make anything for setting up a Nano node?
it actually doesn't.
> Fees are for spam prevention and incentivising nodes
PoW is for spam prevention, not fees. you should lean about DAG data structures. there are links in the thread.
additionally, no one makes money with BTC nodes, yet people still host them.
literally the best digital money ever created
those stubborn to see the truth will eventually buy higher
btw, we are about to breakout
if you have any love for your grandkids, accumulate this coin
Nano was the embodiment of the 2017 bubble. Something that went from nearly 0 to $30 because people yelled, "get in faggot". It skyrocketed on an exchange most sensible traders wouldn't touch. They knew it was an artificial pump but waited on the sidelines and jumped in anyway when it hit a more renowned exchange. This should have been a clear signal to take profit from all market positions as Nano was basically in a state of, "we know this situation is irrational, fuck you buy it anyway you faggot". That shouldn't be enough for anything but a small cap signal group.
The rebrand was beyond shit. I’ll take the NANO code fork it add some z-snarks and have a DAG privacy coin. What an awful name..raiblocks was great and they blew it.
simple formula being added to the protocol will render spams useless
transaction priority = (least recently used account) * (amount) * (PoW difficulty)
github.com
I won’t be surprised when this coin reaches zero.
Doesn't matter, everything you know has changed. Speculation is over and now it is time for coins that are releasing functioning products to gain adoption.
It went from 30 to 1 and just flagged a clear reversal.
During the phase you are talking about the biggest whales relentlessly dumped millions of tokens on the market.
As for the point about the team not speaking up about how insane the speculation was getting well I cannot comment on that just the technology .
the weakest of FUD. trying too hard, bro
thanks for the recap. what is the point of this drivel?
do not own nano. i was lucky to get out before bitgrail exit scammed. Nano has been exploited so many times and people keep buying. blows my mind
not to mention it's a payment coin. bitcoin is way better money than nano. if you dont think so i dont have time to teach you. youll have to study the history of money yourself
I am going ALL IN on Nano, but i will wait a while, it's going down again, probably to 80 cents
the exchange was exploited, not the NANO protocol
i'm invested in both. i believe BTC is a superior store of value and NANO is a superior payment coin. both will be used for different reasons.
I give zero fucks about that, people are gonna buy nano and i can make at least 100% in the next weeks, so i will buy it as soon as it dumps again and sell when it makes me at least 100% profit
This guy fucks
He buts benis in bagina :-DDDDDDDDDDD
BTC x NANO
Inflationary - Deflationary (All coins mined)
Slow as fuck - Instant
Expensive af - Feeless
Consumes a fuckton of energy - nope
Created by NSA and jews - nope
Plus, BTC mining creates a system where miners eventually suck out all the coins from simples hodlers and users
NANO is BTC 2.0 - it is what crypto was meant to be
What? Fees are the primary method of spam prevention in BTC, how else would you stop someone sending themselves a million transactions? POW is NANO's workaround solution. Maybe open a book yourself once in a while.
>miners
i wouldnt be caught dead mining anything this late into the game
it works right now but who's using it? who's going to use it over any other random altcoin? tech doesn't matter for alts when there's always a new one with better tech.
He doesnt fuck and neither do you
>in BTC
this is a NANO thread, you mong
BTC uses PoW as well, but it has to have fees because miners. NANO's workaround is not needing miners, so no fees
proof of work is just another word for a fee. attacking it is trivial, it just costs money for compute power, and in order to protect against that you have to increase the amount of work you have to do, which in turn makes it impossible to send transactions on phones, requiring somebody else to do that work for you, which they will charge a fee for.
nano isn't feeless.
>tech doesn't matter for alts when there's always a new one with better tech.
which alt that competes with NANO has better tech?
networks do not grow over time, adoption takes time. those with the foresight to understand this are rewarded by buying while something is cheap, not waiting for confirmation once everyone is using it. learn about investing
Literally posted earlier
github.com
you should really look into why fees exist, and it's not because of miners.
>*networks grow over time
>which alt that competes with NANO has better tech?
somebody can fork any altcoin and create another.
>adoption takes time
time altcoins like nano just don't have, before they get rendered obsolete, or forgotten in the passage of time. alts don't have the luxury of waiting for adoption, they either bring something huge to the table like ethereum, or they slowly fall away to be replaced by something else only used by speculators.
nano just isn't enough to attract that critical mass of non-speculative users.
How does Bitcoin mining work?
Anybody can become a Bitcoin miner by running software with specialized hardware. Mining software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created bitcoins issued into existence according to a fixed formula.
bitcoin.org
>it has to have fees because miners.
Can you guys please do some research on why BTC has the features it has and what the reasoning is behind them before you spend any more money or post any more threads.
>something huge to the table like ethereum,
HAHAHAHAHA, ETH is the biggest shitcoin of all. you fell for the platform coin meme.
the rest of your post is baseless opinion with which i disagree.
you keep saying this, yet you don't tell us why you think this. i posted links from bitcoin.org explaining my position. let's hear what you have to say about it
Think what? What exactly are you asking? BTC uses fees to prevent spam. If you dont understand this idk what to say, you need to watch some videos on Bitcoin basics or something
right, i never said it didn't. BTC is an older protocol, NANO doesn't require fees to prevent spam because no mining. how is this hard to grasp?
I dont know what point you think you're making. I am clearly aware of everything you said, which would be obvious if you read the thread.
>Because no mining
Is an incomplete sentence, could you try again. I'll start nano needs no fees to prevent spam because...
ok, let's recap: i said BTC has fees because mining. you said to do some research on BTCs features and didn't refute my point. so i clarified my position here and here and you still haven't said anything that proves my position to be wrong. just more vague crap. good bye, newfag
>'ll start nano needs no fees to prevent spam because...
read the thread retard
>Is an incomplete sentence, could you try again
next time, try to copy the whole sentence you literal brainlet. i'll show you how
BTC is an older protocol, NANO doesn't require fees to prevent spam because no mining
and if you cannot extrapolate the meaning from that, you should probably go back
No. No it's not. You have an insecure shitcoin I'm afraid. DAGs aren't safe. Bitcoin is almost 10 years in and unless you live in a 3rd world country, it has virtually no use. There's a reason why NANO is down 95%. It's worthless. Don't kill yourselves after falling for the currency coin meme. If BTC couldn't do it, you literally have zero chance.
It's really the other way around. LN doesn't work, Nano does. If you need instant/feeless, Nano is the way to go.
Around 3 billion people inhabit those 3rd world countries
>currency coin meme
what's the matter? does it threaten your usury business model?
>I'm afraid
you teed this one up. HAHAHA
Well we found the kike in here.
You tricks won't work here.
>30 posts by this ID
You are obviously scared you fucked up or you wouldn't be in here trying to convince people NANO isn't a complete joke. Newsflash: It is.
>Well we found the kike in here.
>666 to start ID
confirmed
i love defeating you troll faggots and educating newfriends. this is fun for me.
you're the one who is defensive, typical.
Why is noone talking about nimiq?
I like their wallet system. The avatar generation was a cool use of recognizable addresses.
This shows how little Jow Forums morons actually know about crypto. This way of ordering a chain has been debunked years ago on bitcointalk. Its not a secure way to hold a serious currency.
You guys know before raiblocks he called it another name and deleted all of it from bitcointalk right?
None of those factors make nano good money. You’re a lost cause. Never even mentioned fungibility.
NANO works right now. what are you on about?
>because he didn't mention fungibity it means NANO isn't
*fungibility
phone posting
I wouldn't say it's useless at that point. It would just force all the honest users to compute much more than a 5 second proof of work if they ever want their transaction validated. IMO they should just implement a dynamic fee that rises locally when a node starts spamming.