Dangerous flaws and major problems with Nano (Update)

[Anonymous No.10866455]

>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.

[Anonymous No.10866462]

>>10866455 (cont.)
>Nano team marketing strategy is to have no marketing strategy.
>Nano team adoption strategy is to have no adoption strategy. Doomed. Will go to zero.
>Nano essentially following same strategy as Betamax vs VHS and HD vs BluRay.
>First coin on Amazon/eBay/etc will be the global currency. Nano’s avoiding partnership. Nano’s publicly stated “strategy” is to not seek strategic partnership, basis being that USD has no partnership as a currency, so why should Nano have one. Ridiculous.
>No smart contracts. Masternode coins utilising high capacity data contracts on their second layer are the future. Nano can't do any of this, it cannot compete with other coins.
>Must run expensive nodes for free. A borderline insane and untested business model.
>Nano team are business amateurs. Pushed BitGrail when clearly a dangerous exchange. Guaranteed bomber as a good guy. Rebranded to Nano right before BitGrail exploded. Retarded decision. Marketing disaster.
>Going from UDP to TCP too late and too slowly [7]
>Hired pretty girl, G. Coxton, who’s done nothing. Why’s she not on YouTube pushing Nano?
>Nano has no ‘human face’ for people to connect with. It’s just an empty logo, unlike other top 10 coins – e.g. Ethereum has Vitalik, Tron has Justin Sun, Litecoin had Charlie Lee. NEO has Da Hong Fei. EOS has Dan L. etc.
>Ongoing lawsuits against Nano Devs personally and Nano foundation. Will drive price down, could go bankrupt.

[Anonymous No.10866493]

>>10866462 (cont.)
>Same whales that pumped and dumped Nano first time (-98% from ATH) are doing it again. The delusional Nano hodlers will be stripped of their money again.
>NANO was less than $0.10 a year ago.
>Former head of engineering at Facebook, Bryan Veloso: Nano "just a hype...no real use case" [8].
Anyone investing in this shitcoin deserves to lose their money. It will crash and go to zero.

[1] https://www.reddit.com/r/nanocurrency/comments/982bq9/stress_test_beta_network_v15_results_in_here/
[2] https://www.accenture.com/no-en/success-visa-connected-commerce-car
[3] http://archive.is/iq9fP
[4] https://www.nanode.co/account/xrb_1ipx847tk8o46pwxt5qjdbncjqcbwcc1rrmqnkztrfjy5k7z4imsrata9est
[5] https://www.reddit.com/r/nanocurrency/comments/93gav4/why_does_nano_seem_to_take_the_hardest_hits/e3dpgge/
[6] https://news.kucoin.com/en/nano-deposits-and-withdrawals-are-now-enabled/
[7] https://www.reddit.com/r/nanocurrency/comments/8kt2ed/universal_block_canary_has_been_released/dzakb0a/
[8] https://www.quora.com/Is-the-NANO-crypto-coin-a-working-product-If-so-what-advantage-does-it-have-over-on-other-crypto-coins

[Anonymous No.10866501]

>join a pnd group
>see the signal with only 1 view
>go to buy up, already pumping
>still somehow get left holding the bags

Worst decision ever, never doing these pnd scams again

[Anonymous No.10866515]

I'm all in

[Anonymous No.10866809]

Yeeah... This is pretty fucked.

[Anonymous No.10866810]

>>10866455
Hello there, I am Zack Shapiro. Hope you Nano fans enjoyed me dumping my million heavy bags on your heads, while Nano was crashing, the very bags I got out from Bitgrail while you were stuck and tried to get your "KYC" by Bomber (lol). Take that as a lesson schmucks, don't listen to guys on the internet, like me, when doing financial decisions. Pic is me before you gave me my millions of $$. Aaaah, life is gooOOooOod. L'chaim!

[Anonymous No.10867186]

>>10866455
>>10866462
>>10866493
>>10866810
Imagine being this autisticly butt flustered about an imaginary internet coin.

[Anonymous No.10867463]

Pic. Typical Nano hodler, assraped since Jan 2016, thinking its a good idea to buy some more, while screaming "2 da mooOooooon!!".

[Anonymous No.10867550]

>>10866455
Enjoying you reheated pasta much?

[Anonymous No.10867570]

>>10866493
>>NANO was less than $0.10 a year ago.

lol imagine the people who didn't buy Bitcoin at $2 because it was less than $0.10 a year prior

[Anonymous No.10867610]

>UDP is bad
>No spam protection

The devs have intentionally left scaling pow and vote stapling out of releases up until v17 because they plan on spamming the network to see extreme use cases.
Once those are mainlined you will no longer be able to congest the network with transactions .
I am by no means advocating the purchase of these tokens , but you need to see the big picture .
Stay the fuck out of alts when Daddy shitcoin is making moves . Only scalp shit to increase your satoshis when BTC is boring.