/biz/ - Business & Finance

>>10877050
>Nano has 756 TPS [1]. For a self-proclaimed global currency, it’s a total joke. VISA can handle over 56,000 TPS [2]. Nano’s claim to be global currency is either delusional or fraud.
>7,000 TPS was boosted and promoted in Dec 2016. Reality, a meagre 100-200 TPS [3].
>Lead Devs are jumping ship. Insiders obviously know Nano is riddled with terminal flaws and future problems.
>Millions of USD sold from the Nano Developer Wallet lately at extremely low prices. Not a good sign that Devs are dumping Nano in a fire sale [4].
>Dev fund is dangerously low, they may burn through that in a matter of 1-3 years [4]. Also; pending lawsuit against Nano foundation.
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security and stability issues, multiple times [5], every single month. This despite being miles behind having any sort of global currency traffic. Nano could be years away from even having the potential to be a well-functioning global currency. One example from yesterday [6].
>Coinbase will only use coins stable for multiple months. Nano is far away from that, see above and [5] [6]. Best case scenario is having Nano on Coinbase late 2019, leaving Nano hopelessly behind other cryptocurrencies.
>One single miner can destroy the network via DDoS with 500 GPUs at no cost. A critical attack vector never seriously addressed by the Nano dev team. Nano is wide open for a massive spam attack crippling the network for a long time. Not ready for global adoption.
>Nano team seem like tech amateurs. Don’t understand the difference between Random (not cryptographically secure) and SecureRandom. Don’t even understand basic cryptography, disaster in waiting.

>Nano has 756 TPS [1]. For a self-proclaimed global currency, it’s a total joke. VISA can handle over 56,000 TPS [2]. Nano’s claim to be global currency is either delusional or fraud.
>7,000 TPS was boosted and promoted in Dec 2016. Reality, a meagre 100-200 TPS [3].
>Lead Devs are jumping ship. Insiders obviously know Nano is riddled with terminal flaws and future problems.
>Millions of USD sold from the Nano Developer Wallet lately at extremely low prices. Not a good sign that Devs are dumping Nano in a fire sale [4].
>Dev fund is dangerously low, they may burn through that in a matter of 1-3 years [4]. Also; pending lawsuit against Nano foundation.
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security and stability issues, multiple times [5], every single month. This despite being miles behind having any sort of global currency traffic. Nano could be years away from even having the potential to be a well-functioning global currency. One example from yesterday [6].
>Coinbase will only use coins stable for multiple months. Nano is far away from that, see above and [5] [6]. Best case scenario is having Nano on Coinbase late 2019, leaving Nano hopelessly behind other cryptocurrencies.
>One single miner can destroy the network via DDoS with 500 GPUs at no cost. A critical attack vector never seriously addressed by the Nano dev team. Nano is wide open for a massive spam attack crippling the network for a long time. Not ready for global adoption.
>Nano team seem like tech amateurs. Don’t understand the difference between Random (not cryptographically secure) and SecureRandom. Don’t even understand basic cryptography, disaster in waiting.

>Nano has 756 TPS [1]. For a self-proclaimed global currency, it’s a total joke. VISA can handle over 56,000 TPS [2]. Nano’s claim to be global currency is either delusional or fraud.
>7,000 TPS was boosted and promoted in Dec 2016. Reality, a meagre 100-200 TPS [3].
>Lead Devs are jumping ship. Insiders obviously know Nano is riddled with terminal flaws and future problems.
>Millions of USD sold from the Nano Developer Wallet lately at extremely low prices. Not a good sign that Devs are dumping Nano in a fire sale [4].
>Dev fund is dangerously low, they may burn through that in a matter of 1-3 years [4]. Also; pending lawsuit against Nano foundation.
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security and stability issues, multiple times [5], every single month. This despite being miles behind having any sort of global currency traffic. Nano could be years away from even having the potential to be a well-functioning global currency. One example from yesterday [6].
>Coinbase will only use coins stable for multiple months. Nano is far away from that, see above and [5] [6]. Best case scenario is having Nano on Coinbase late 2019, leaving Nano hopelessly behind other cryptocurrencies.
>One single miner can destroy the network via DDoS with 500 GPUs at no cost. A critical attack vector never seriously addressed by the Nano dev team. Nano is wide open for a massive spam attack crippling the network for a long time. Not ready for global adoption.
>Nano team seem like tech amateurs. Don’t understand the difference between Random (not cryptographically secure) and SecureRandom. Don’t even understand basic cryptography, disaster in waiting.

>>10858767
>Nano has 756 TPS [1]. For a self-proclaimed global currency, it’s a total joke. VISA can handle over 56,000 TPS [2]. Nano’s claim to be global currency is either delusional or fraud.
>7,000 TPS was boosted and promoted in Dec 2016. Reality, a meagre 100-200 TPS [3].
>Lead Devs are jumping ship. Insiders obviously know Nano is riddled with terminal flaws and future problems.
>Millions of USD sold from the Nano Developer Wallet lately at extremely low prices. Not a good sign that Devs are dumping Nano in fire sale [4].
>Dev fund is dangerously low, they may burn through that in a matter of 1-3 years [4]. Also; pending lawsuit against Nano foundation.
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security and stability issues, multiple times, every single month. This despite being miles behind having any sort of global currency traffic. Nano could be years away from even having the potential to be a well-functioning global currency. One example from today [5].
>Coinbase will only use coins stable for multiple months. Nano is far away from that, see above and [5]. Best case scenario is having Nano on Coinbase late 2019, leaving Nano hopelessly behind other cryptocurrencies.
>One single miner can destroy the network via DDoS with 500 GPUs at no cost. A critical attack vector never seriously addressed by the Nano dev team. Nano is wide open for a massive spam attack crippling the network for a long time. Not ready for global adoption.
>Nano team seem like tech amateurs. Don’t understand the difference between Random (not cryptographically secure) and SecureRandom. Don’t even understand basic cryptography, disaster in waiting.

>Nano has 756 TPS [1]. For a self-proclaimed global currency, it’s a total joke. VISA can handle over 56,000 TPS [2]. Nano’s claim to be global currency is either delusional or fraud.
>7,000 TPS was boosted and promoted in Dec 2016. Reality, a meagre 100-200 TPS [3].
>Lead Devs are jumping ship. Insiders obviously know Nano is riddled with terminal flaws and future problems.
>Millions of USD sold from the Nano Developer Wallet lately at extremely low prices. Not a good sign that Devs are dumping Nano in fire sale [4].
>Dev fund is dangerously low, they may burn through that in a matter of 1-3 years [4]. Also; pending lawsuit against Nano foundation.
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security and stability issues, multiple times, every single month. This despite being miles behind having any sort of global currency traffic. Nano could be years away from even having the potential to be a well-functioning global currency. One example from today [5].
>Coinbase will only use coins stable for multiple months. Nano is far away from that, see above and [5]. Best case scenario is having Nano on Coinbase late 2019, leaving Nano hopelessly behind other cryptocurrencies.
>One single miner can destroy the network via DDoS with 500 GPUs at no cost. A critical attack vector never seriously addressed by the Nano dev team. Nano is wide open for a massive spam attack crippling the network for a long time. Not ready for global adoption.
>Nano team seem like tech amateurs. Don’t understand the difference between Random (not cryptographically secure) and SecureRandom. Don’t even understand basic cryptography, disaster in waiting.

>>10853942
>Nano has 756 TPS [1]. For a self-proclaimed global currency, it’s a total joke. VISA can handle over 56,000 TPS [2]. Nano’s claim to be global currency is either delusional or fraud.
>7,000 TPS was boosted and promoted in Dec 2016. Reality it was meagre 100-200 TPS [3].
>Lead Devs are jumping ship. Insiders obviously know Nano is riddled with terminal flaws and future problems.
> Millions of USD sold from the Nano Developer Wallet lately at extremely low prices. Not a good sign that Devs are dumping Nano in fire sale [4].
>Dev fund is dangerously low, they may burn through that in a matter of 1-3 years [4]. Also; pending lawsuit against Nano foundation.
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security and stability issues, multiple times, every single month. This despite being miles behind having any sort of global currency traffic. Nano could be years away from even having the potential to be a well-functioning global currency. This is from today [5].
>Coinbase will only use coins stable for multiple months. Nano is far away from that, see above and [5]. Best case scenario is having Nano on Coinbase late 2019, leaving Nano hopelessly behind other cryptocurrencies.
>One single miner can destroy the network via DDoS with 500 GPUs at no cost. A critical attack vector never seriously addressed by the Nano dev team. Nano is wide open for a massive spam attack crippling the network for a long time. Not ready for global adoption.
>Nano team seem like tech amateurs. Don’t understand the difference between Random (not cryptographically secure) and SecureRandom. Don’t even understand basic cryptography, disaster in waiting.

>>10853942
>Nano has 756 TPS [1]. For a self-proclaimed global currency, it’s a total joke.
VISA can handle over 56,000 TPS [2]. Nano’s claim to be global currency is either delusional or fraud.
>7,000 TPS was boosted and promoted in Dec 2016. Reality it was meagre 100-200 TPS [3].
>Lead Devs are jumping ship. Insiders obviously know Nano is riddled with terminal flaws and future problems.
> Millions of USD sold from the Nano Developer Wallet lately at extremely low prices.
Not a good sign that Devs are dumping Nano in fire sale [4].
>Dev fund is dangerously low, they may burn through that in a matter of 1-3 years [4].
Also; pending lawsuit against Nano foundation.
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security
and stability issues, multiple times, every single month.
This despite being miles behind having any sort of global currency traffic.
Nano could be years away from even having the potential to be a well-functioning global currency. This is from today [5].
>Coinbase will only use coins stable for multiple months. Nano is far away from that, see above and [5].
Best case scenario is having Nano on Coinbase late 2019, leaving Nano hopelessly behind other cryptocurrencies.
>One single miner can destroy the network via DDoS with 500 GPUs at no cost.
A critical attack vector never seriously addressed by the Nano dev team.
Nano is wide open for a massive spam attack crippling the network for a long time. Not ready for global adoption.
>Nano team seem like tech amateurs. Don’t understand the difference between Random (not cryptographically secure) and SecureRandom. Don’t even understand basic cryptography, disaster in waiting.