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13903751 No.13903751 [Reply] [Original]

I never knew how efficient NANO was.
5 acres of trees is literally nothing.
I planted about 30 acres of trees in the last two years and it took no effort .

>> No.13903825

Nano thread :)

https://www.youtube.com/watch?v=eh9pA8UCUrI

>> No.13903848

https://cryptobriefing.com/what-is-nano-introduction-to-bitcoins-speedy-competitor/

>> No.13903862

This video gives me chills

https://www.youtube.com/watch?v=JChBTohSHlM

>> No.13903878

>>13903825
This is what people think bitcoin is before learning about what bitcoin is.

>> No.13903906

>>13903751
is it truly descentralized?
are the transactions as secure as bitcoin's?
what is the max supply?

>> No.13903971

>>13903906
> is it truly descentralized?
Nano uses DPOS where you delegate a representative. Representatives vote on shared state and a transaction must get 51% of the votes to be valid.
This means, in order to break nano, the breaker must have majority ownership of the chain. Pretty infeasible but if it happens, I imagine everyone will be rich from it.
So if someone owned 51% of the network, then they could halt transactions.
> are the transactions as secure as bitcoin's?
It's a different security mechanism. They are immutable transactions once voted on.
> what is the max supply?
133 million all already in circulation

>> No.13904055

>>13903971
No one would do a 51% attack anyways, it's not very profitable

>> No.13904118

>>13903906
Even during the theft which caused the price to plummet 95%, the devs refused an attempt to fork or modify the profile. This left a bad taste in the mouths of those who were affected, and you can still find those who hate Nano with a passion because of this. To be entirely fair, I respect the devs and the nodes who run the network for not rolling back or forking, as this demonstrates the security and immutability of the protocol.

For consensus, there are a max of 1000 nodes. Nodes must own 0.1% of the supply to have a valid vote. All the current Nano wallets have an option where you can delegate your nano to a node of your choice, which is as easy to change as pushing a button. There are no dividends paid to the nodes, and they are running these off of their own dime and because of their support of the project. Likely, most node owners are heavily invested, so this in and of itself is all the payment they need. I believe this wards off get rich quick types, demonstrates the project is not a scam meant to lure in these types, and that the community behind Nano strongly believes in its future.

Nano could easily be plugged and played for online games, and there is currently even an Unreal engine that has Nano hard coded into it, so develops can easily implement it in their games. It could easily become the go to online cross-game currency, which takes it one step closer to becoming the go to online cross-country currency.

NANO + Unreal engine:
https://www.youtube.com/watch?v=fhAwUxSjqjs&feature=youtu.be

>> No.13904206
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13904206

Other Nano thread with intel about the upcoming payment processing solution that will shake the entire credit card industry: >>13901007

>> No.13904425

>>13904118
Wait, 0.1%... I think I can run a node

>> No.13904499

>>13904425
Requires 133,000 nanos, or 133,000 nanos to be delegated to you.

Someone bump the other thread there is good info in there, it shouldn't die.