[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 8 KB, 258x195, download.jpg [View same] [iqdb] [saucenao] [google]
58073344 No.58073344 [Reply] [Original]

what went wrong for NANO?

>> No.58073368

>>58073344
printed out of thin air token not needed.

>> No.58073414

Good tech but died off because people moved past the "how do we spend our crypto in the real world?" ideology. Remember making a bunch of money on this back in the bitgrail days haha luckily managed to get it off there and on to kucoin before that Italian scumbag rugged the exchange

>> No.58073440
File: 143 KB, 1262x1262, IMG_20240317_225159_194.jpg [View same] [iqdb] [saucenao] [google]
58073440

>>58073344
Bitgrail stole my stack

>> No.58073476

no fee market
no real tech (ignore tech illiterate posters like >>58073414)
now, I don't really remember if these are part of the DAG cult or not
but I do remember this piece of shit getting DDoSed and double spent

these benchmark wanking projects were the "I just learned about bitcoin and tried to make bitcoin 2.0 !"
only just recently we got the first real high TPS project (solana) which has a real tradeoff (liveness)

>> No.58073500

>>58073344
bitgrail plus the team utterly ruined the brand. raiblocks was a weird and cool name that stood out but they replaced it with a bland milquetoast name recently used by apple for a shit mp3 player not to mention utter shit jeet design - very corporate and gay. stupid all around.

>> No.58073514

>>58073476
All true.
And even more recently we got Kaspa.

But yeah Nano was a real piece of shit kek even my newbie 2017 ass knew that it was shit even back then, after a cursory read of their whitepaper

>> No.58073516

>>58073344
George Coxon's lavish lifestyle was too expensive

>> No.58073527

>>58073344

proof of stake.


Thank god for kaspa

>> No.58073875

>>58073344
The security model depends on human kindness.

>> No.58074056

>>58073516
Right? they burned all the developer funds. Abysmal marketing. Granted Nano along with BCH at that time was heavily attacked by the establishment, who tried to repurpose BTC to be a store of value, rather than Satoshi's original plan of making it "electronic cash". They make the block size stay small, therefore causing high fees for BTC and making it only a token to store value. Now that BTC has ETF they won't even ban BTC because of mAh eNerGy wAStE so your Nano will not moon... Green is not a narrative at all, if ever. Feeless is neither a narrative, most people now think crypto as store of value, and BTC maxies will so for transfers use lightening network. Fast is also not a narrative.... Tons of crypto can confirm within a few seconds. And Nano couldn't even handle spam that well until 26.1 recently.

Someone needs to fork Nano to make a truly privacy version of it, then it will find a niche and take off. Monero mining is not sustainable.

>> No.58075233
File: 439 KB, 919x2366, solana-beneath-the-hood-bad-tech.jpg [View same] [iqdb] [saucenao] [google]
58075233

>>58073476
>only just recently we got the first real high TPS project (solana)
LOL. More like high transaction failure project.