/biz/ - Business & Finance

This is the reddit of reddit coins. Yes, let me store my six figure portfolio on something that only has a few validators, was premined and has had numerous transaction errors in the past. If you buy this, you are poor and will stay poor.

>>56952620
Nano does it all the time, until they learn the truth from /biz/. Happens every third month or so.

>Team is insane:
>>/biz/thread/16596049

>Nano Heading for Disaster – Dirty Deals with BitGrail
http://archive.is/GGWIG

>Nano and Bitgrail leaders scammed over $100 million from Bitgrail
http://archive.is/zAtyl

>Dangerous flaws and major problems with Nano
http://archive.is/diUnZ

Now it is even worse. Nano Foundation is bankrupt, after burning through over 96 million USD and constant dumping on delusional redditor bagholders.

>>56925492
Looks like the links don't work when I did the copy/paste from the archive. Here they are :

>Team is insane:
>>/biz/thread/16596049

Here are some links:
>Nano Heading for Disaster – Dirty Deals with BitGrail
http://archive.is/GGWIG

>Nano and Bitgrail leaders scammed over $100 million from Bitgrail
http://archive.is/zAtyl

>Dangerous flaws and major problems with Nano
http://archive.is/diUnZ

>>56925505
>nobody cares, it's gonna pump
lol. pic related.

>>30183080
Why would you hold for a potential 10-15x of something that is doomed due to tech wreck and incompetent/dishonest team, pic related, when there are so many 100x and 1 000x projectes out there?

>>29617569
>>29618561
Nano is a disaster and amateur hour from hell. Pic related and,

>One anon said this:
Nano's network literally does not work right now. They have delayed pushing epoch upgrade blocks because they have been disabled on so many exchanges.
Literally one dude with a mid range you can bring their entire network to it's knees right now by spamming.
They introduced a bug in v21.1 and if any account deadlocks the whole node does.

It is pretty basic in their pursuit of efficiency they mashed all the threads together which means if confirmations are behind on hundereds of thousands of blocks on one account they stop confirming for all accounts.
To spam hundereds of thousands of blocks takes a 200 dollar Nvidia card and a couple hours.
Some dude just optimized the opencl driver to for Blake2b so possibly a couple minutes.

The key takeaway is they have no anti spam measures in place the nodes never shit list another node (BTC did this shit back in like 2012). So one dude with a mid range GPU can totally cripple the whole network right now.
They guy who works on brainboocks white hatted and showed them this and they are not reacting properly.
Such a shitshow the NF has run a once promising project into the ground.

>>29363782
Nano is a disaster and amateur hour from hell. Pic related and,

>One anon said this:
Nano's network literally does not work right now. They have delayed pushing epoch upgrade blocks because they have been disabled on so many exchanges.
Literally one dude with a mid range you can bring their entire network to it's knees right now by spamming.
They introduced a bug in v21.1 and if any account deadlocks the whole node does.

It is pretty basic in their pursuit of efficiency they mashed all the threads together which means if confirmations are behind on hundereds of thousands of blocks on one account they stop confirming for all accounts.
To spam hundereds of thousands of blocks takes a 200 dollar Nvidia card and a couple hours.
Some dude just optimized the opencl driver to for Blake2b so possibly a couple minutes.

The key takeaway is they have no anti spam measures in place the nodes never shit list another node (BTC did this shit back in like 2012). So one dude with a mid range GPU can totally cripple the whole network right now.
They guy who works on brainboocks white hatted and showed them this and they are not reacting properly.
Such a shitshow the NF has run a once promising project into the ground.

>>29040344
What do you think will happen with the price when Bitgrail trustees are dumping 4 million Nano on the market. They are already selling BTC and ETH, so Nano is next.

>>28856161
Nano is a disaster and amateur hour from hell. Pic related and,

>One anon said this:
Nano's network literally does not work right now. They have delayed pushing epoch upgrade blocks because they have been disabled on so many exchanges.
Literally one dude with a mid range you can bring their entire network to it's knees right now by spamming.
They introduced a bug in v21.1 and if any account deadlocks the whole node does.

It is pretty basic in their pursuit of efficiency they mashed all the threads together which means if confirmations are behind on hundereds of thousands of blocks on one account they stop confirming for all accounts.
To spam hundereds of thousands of blocks takes a 200 dollar Nvidia card and a couple hours.
Some dude just optimized the opencl driver to for Blake2b so possibly a couple minutes.

The key takeaway is they have no anti spam measures in place the nodes never shit list another node (BTC did this shit back in like 2012). So one dude with a mid range GPU can totally cripple the whole network right now.
They guy who works on brainboocks white hatted and showed them this and they are not reacting properly.
Such a shitshow the NF has run a once promising project into the ground.

>>28798170
True. They always run the hell away, totally unable to defend their team and utter shitcoin. Pic related.

>>28772881
Why is Nano not on coinbase. You have no clue, do you crazy Nanoid? Your tech is shit and Nano is run by documented liars and scammers.

>>28487900
Cope about what, psycho? That your sociopathic devs are lying through their teeth and your tech is a trainwreck? Pic related.

>>28450549
>>28450843
>usual nonsensical ramble from a crazy Nano bagholders, utterly unable to defend his crashed shitcoin.

>>28427874
NO fees because volunteers take ALL the costs. Functions well when no one is using the crashed coin, and that is also the reason why no one in the Nano community or the devs have done any kind of cost analysis if Nano became a global currency, if they could (but they can't with their 700-800 shit tps while Visa has 65 000 tps).

>>24252291
Raiblocks was discovered by /biz/. Dumped at 35 USD, the exact time plebbitors were flooding Nano.

Why Raiblocks Will End as a Pump & Dump
https://www.youtube.com/watch?v=6jZ6ZfMYi14

>>24084329
A combination. Mostly warning. Pic related.

>>24022161
Nano is a scam by ultra-liberal SJW faggots. Here:
>>23901472

>>23907536
Nano is a disaster and amateur hour from hell. Pic related and,

>One anon said this:
Nano's network literally does not work right now. They have delayed pushing epoch upgrade blocks because they have been disabled on so many exchanges.
Literally one dude with a mid range you can bring their entire network to it's knees right now by spamming.
They introduced a bug in v21.1 and if any account deadlocks the whole node does.

It is pretty basic in their pursuit of efficiency they mashed all the threads together which means if confirmations are behind on hundereds of thousands of blocks on one account they stop confirming for all accounts.
To spam hundereds of thousands of blocks takes a 200 dollar Nvidia card and a couple hours.
Some dude just optimized the opencl driver to for Blake2b so possibly a couple minutes.

The key takeaway is they have no anti spam measures in place the nodes never shit list another node (BTC did this shit back in like 2012). So one dude with a mid range GPU can totally cripple the whole network right now.
They guy who works on brainboocks white hatted and showed them this and they are not reacting properly.
Such a shitshow the NF has run a once promising project into the ground.

>One anon said this:
Nano's network literally does not work right now. They have delayed pushing epoch upgrade blocks because they have been disabled on so many exchanges.
Literally one dude with a mid range you can bring their entire network to it's knees right now by spamming.
They introduced a bug in v21.1 and if any account deadlocks the whole node does.

It is pretty basic in their pursuit of efficiency they mashed all the threads together which means if confirmations are behind on hundereds of thousands of blocks on one account they stop confirming for all accounts.
To spam hundereds of thousands of blocks takes a 200 dollar Nvidia card and a couple hours.
Some dude just optimized the opencl driver to for Blake2b so possibly a couple minutes.

The key takeaway is they have no anti spam measures in place the nodes never shit list another node (BTC did this shit back in like 2012). So one dude with a mid range GPU can totally cripple the whole network right now.
They guy who works on brainboocks white hatted and showed them this and they are not reacting properly.
Such a shitshow the NF has run a once promising project into the ground.

>One anon said this:
Nano's network literally does not work right now. They have delayed pushing epoch upgrade blocks because they have been disabled on so many exchanges.
Literally one dude with a mid range you can bring their entire network to it's knees right now by spamming.
They introduced a bug in v21.1 and if any account deadlocks the whole node does.

It is pretty basic in their pursuit of efficiency they mashed all the threads together which means if confirmations are behind on hundereds of thousands of blocks on one account they stop confirming for all accounts.
To spam hundereds of thousands of blocks takes a 200 dollar Nvidia card and a couple hours.
Some dude just optimized the opencl driver to for Blake2b so possibly a couple minutes.

The key takeaway is they have no anti spam measures in place the nodes never shit list another node (BTC did this shit back in like 2012). So one dude with a mid range GPU can totally cripple the whole network right now.
They guy who works on brainboocks white hatted and showed them this and they are not reacting properly.
Such a shitshow the NF has run a once promising project into the ground.

>One anon said this:
Nano's network literally does not work right now. They have delayed pushing epoch upgrade blocks because they have been disabled on so many exchanges.
Literally one dude with a mid range you can bring their entire network to it's knees right now by spamming.
They introduced a bug in v21.1 and if any account deadlocks the whole node does.

It is pretty basic in their pursuit of efficiency they mashed all the threads together which means if confirmations are behind on hundereds of thousands of blocks on one account they stop confirming for all accounts.
To spam hundereds of thousands of blocks takes a 200 dollar Nvidia card and a couple hours.
Some dude just optimized the opencl driver to for Blake2b so possibly a couple minutes.

The key takeaway is they have no anti spam measures in place the nodes never shit list another node (BTC did this shit back in like 2012). So one dude with a mid range GPU can totally cripple the whole network right now.
They guy who works on brainboocks white hatted and showed them this and they are not reacting properly.
Such a shitshow the NF has run a once promising project into the ground.