In my opinion block lattice itself could work for other coin with different structure.
Take DPoS from Ark, maybe dual coin structure from Neo but without cap on "gas" that would be used as currency.
Holders would be voting on delegates and generating currency.
Delegates would be generating more currency and sharing with holders that voted for them.
Main token could be on blockchain and currency on block lattice.
If someone makes a token like that, let me know.
uhhh ive only seen thread creators tell people to buy nano since 7k sats because muh oversold then they just get shit on by everyone in the thread
whats the point of nano if eos delivers on their TXs and zero fees?
from a TA perspective why would you buy a coin thats in reverse price discovery? dear god let it find a floor. if its still 5.5k sats in 10 days or so then maybe you can consider buying it. if i wanted to be risky i would buy max 25% of my position here and wait a week to buy anymore. if it breaks 5.2 this is going straight to the gutter
skycoin
if i didn't know better it sounds like you're intentionally lying. i've been following this awhile and never heard of a 16tps node crash.
there was one stress test at 700 tps for one node. that doesn't represent the capacity of the whole network, only the capacity of the sending nodes for that test, since the pow is designed to prevent too much spam the same way bitcoin works in a way.
>The reason this coin is fast is that it is centralized
Wrong. It's fast because the protocol is lightweight as possible, not even keeping timestamps in the protocol to save space.
It's fast because of the DAG account architecture.
> devs control most of the network and have powerful hardware on nodes.
Wrong. there are thousands of nodes. only the receiving account and the sending account do proof of work to verify, so the host node CPU is minimally strained. The heavy requirements are bandwidth, not CPU power, as rep nodes only verify signatures
source: page 7
raiblocks.net
If there was no incentive to run a node there would not be thousands of nodes. it's basically the dumbest FUD out there.
>Oh, and It's free to spam the network with transactions.
All they have to do is keep the PoW high enough that you can't spam too many transactions. $1 will pay for about 100 billion transactions in hard drive space (forget exact number but this is pretty close)
why would you buy a coin thats in reverse price discovery?
>if i didn't know better it sounds like you're intentionally lying. i've been following this awhile and never heard of a 16tps node crash.
reddit.com
Network got wrecked by 16 tps, a quarter of the nodes got fucked up. Noone wants to talk about this on reddit but nano is fucked up. The devs organised the competition on binance so they could have liquidity to cash out.
>It's fast because of the DAG account architecture.
It's fast because transactions don't need confirmation initially.
Votes only happen when fork is discovered and then then delegate who first discovers it broadcasts it to the network.
And yes, you need strong hardware to verify transactions.
Yes, block lattice is a lot more light weight than blockchain and allow for "easy" implementation of pruning. Their structure of incentives is just broken.
>1vCore, 2GB RAM and 20 GB HDD
Okay that's a little disappointing, that the memory requirements seem to be more than advertised, but they're basically trying to run a full node on a shitcan.
Imagine if you tried to run a bitcoin node on that same hardware.
16 tps isn't a measurement of the full network capacity, it just means the people running nodes on their raspberry pis will not be able to keep a full node. The question is how much tps can the network handle while still keeping 100 nodes online. That's completely unknown and hard to test without... well an order of magnitude more users
If you want real FUD take a look at this
Yes. That's why you need delegates with powerful nodes If you want Nano to scale.
And how do you encourage every delegate to keep their hardware in tip top shape? Incentives.
That's why I mentioned the structure of DPoS Ark has.