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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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19061377 No.19061377 [Reply] [Original]

>> No.19061405
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19061405

>>19061377
check'em

>> No.19061446
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19061446

The future is green boys

>> No.19061703

scam coin

>> No.19062305

>>19061703
Interesting. Do tell more, please.

>> No.19063483
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19063483

just sayin'

>> No.19063548
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19063548

>>19061377
>>19061405
>>19061446
>>19062305
>>19063483

>> No.19063615

>>19061377
IOTA > NANO
Ez.
https://newsroom.eclipse.org/news/announcements/open-source-software-leader-eclipse-foundation-announces-transition-europe-part

>> No.19064316

>>19063615
Iota requires a coordinator, Nano does not. Nano also has been working for years. Iota still is not a finished product. I do have my eyes on Iota, but it doesn't shout PHILOSOPHER'S STONE like nano does.

>> No.19065379
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19065379

It is funny, because when I read these long winded posts about how Chainlink is essential to an automated society, I get excited and consider investing some of my nano stack in it, but thinking a bit more I realize that what is being described, the essential cornerstone of the 4th industrial revolution, cannot be solved by a legacy tier system built on Ethereum. The gas costs and exponentially increasing ledger size, and thus exponentially increasing cost to perform a transaction nullifies it by default for anything that isn't a valuable transaction. You won't be using it to buy coffee for instance.

Nano however, is actually perfect for the emerging economy, being free to send and instant to receive (with full confirmation without centralization). Technology like this is going to be required for smart cars connected to a network who need to make autonomous purchases such as GPS data, or for automated trading bots to tap into global databases and pay to take advantage of proprietary data. In many cases, these transactions will need to be instant, and in many more cases (such as for consumer goods), any sort of fee will greatly reduce the potential, especially for microtransactions or transactions that accrue based on time, energy, or caloric expenditure.

I am not saying NANO is the ONE, but it is the candidate currently most likely to succeed at the job.

>> No.19065599
File: 138 KB, 1280x720, nanosolution.jpg [View same] [iqdb] [saucenao] [google]
19065599

>Nano is Green
https://www.youtube.com/watch?v=JChBTohSHlM

>> No.19065679
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19065679

>Nano around the world demonstration
https://www.youtube.com/watch?v=iKt9KepQQF4

>> No.19065816
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19065816

>Nano integrated into Uneal Engine
https://www.youtube.com/watch?v=gMtzOkaNnXc

>> No.19066588

June 26th

>> No.19066611

>>19065379
The problem with NANO compared to IOTA is, that IOTA has very big names behind it.
The Eclipse Foundation is working closely with the likes of Bosch, Google, Siemens, VW, BMW, Huawei, The Linux Foundation, etc.
IOTA is one if not the BIGGEST best long-term investment currently.
Nano has no marketing going for them and corporations don't seem as interested in it as they are in IOTA. So we'll have to see how things unfold I guess.
But I agree with what you said.
Chainlink and every other shitcoin that runs on the eth blockchain will not scale, ever. Plus fees and everything makes it not so useful for everyday life.

>> No.19066772
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19066772

>>19066611
Glad we can agree instead of being bitter bag holders. My eyes are on IOTA as well, but as it stands it currently does not fit the model of a global universal currency. That may change, and as you state, due to the attention it may become a more universally used cryptocurrency than Nano, but as an independent developer and entrepreneur looking to develop with crypto now, Nano is the coin I want to build with. XMR is an option I want available also. BTC for legacy sake. Outside of this the only niche that needs to be filled is decentralized applications and file/web hosting. I believe ETH, and specifically ETH 2.0 is what to look for when it comes to this, however I do know IOTA is supposed to be able to execute some form of smart contract, so assuming it reaches true decentralized status and can perform computing like ETH can, I would opt for this instead.

Care to provide some insight on the capabilities of IOTA? One other thing, I choose Nano for payments due to it not having smart contract or additional features. At the end of it all, this means even with a massively increased ledger for both IOTA & NANO, that Nano will be faster and use less data and bandwidth due to the ledger only containing to and from transaction details. If Iota can handle smart contracts, it will have a larger ledger and thus will cost more to run and not be as fast, leading to either semi-centralization or fees. For Smart contracts this is absolutely acceptable, but it feels like this trade-off will always keep it second to a pure currency coin in regards to value transfer. Of course, the smart contract capability does increase the use-case quite a bit. Again, curious for your thoughts.

>> No.19067526

>>19066772
Bitter bag holders are sadly the common thing on /biz/ trying to shill their shit to other people without going in-depth or any interest what lies beyond the tech, but to be honest there are only quite a few cryptos with the actual tech behind it.
IOTA tries a lot that hasn't been done yet by other cryptos. IOTA is capable of doing zero value transactions which are very important for corporations, for the sole fact of having the possibility for digital twins.
Corporates already start creating digital twins on the Tangle a different form of the DAG system, invented by Serguei Popov.
Also, there is the digital marketplace which will take a huge role, basically meaning that we will have a decentralized marketplace running on the tangle.
To be honest there is just way too much for me to list regarding IOTA because this ledger and the use-cases are just so big if everything works out in the end, ofc.
Most pressing for the Iota Foundation currently is getting rid of the coordinator to make it fee-less. Mainnet will soon be upgraded to 1.5 (Chrysalis Update) which will boost the TPS to around 300-1k TPS.
Smart contracts have been worked on a lot by IOTA (QUBIC Project). The Qubic project has been halted though because it is too connected to trinary and IOTA will switch to binary for the time being to make it more suitable for corporations and real use-cases. The world runs on binary, so yeah.

Since I'm not a developer like you I'm not all that savvy regarding deep-tech and I still have to learn a lot about how IOTA works and how they want to solve the crypto trilemma etc.
If you want to really dig deep you should join their discord tho, if you haven't done so already.
There are a lot of channels with a lot of helpful information.


discord.iota.org

Smart contracts: https://blog.iota.org/an-introduction-to-iota-smart-contracts-16ea6f247936

>> No.19067701

>>19067526
*Most pressing for the Iota Foundation currently is getting rid of the coordinator to make it **fully decentralized.

Whoops.

>> No.19067898

>>19063615
IOTA = centralized and doesn't work, devs can freeze and even completely take coins out of wallets with they masterkeys.

no one will ever save value in IOTA.

>> No.19067923

>>19066611
imagine still buying based on partnerships.
you are the greater fool.

>> No.19067929

>>19067898
Industry doesn't care about biz.

>> No.19067964

>>19067929
lmao. Industry doesn't care about you either. also look at the IOTA chart. Seriously.

Then consider the multiple hacks, attacks. Iota is one of the top leaders in issues and funds stolen/frozen/hacked over the past couple of years. No one will ever buy your shitcoin. it's over, im sorry.

>> No.19067979

>>19067964
Yeah, it's very over.
So over Eclipse Foundation created Tangle EE to speed up adoption of IOTA.
Fuck me.

>> No.19067984
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19067984

YOU JUST WIN.

>> No.19068007

>>19067964
O wait, you don't even know what the Eclipse Foundation is right? Go back to your shitcoins, lmfao.

>> No.19068036

>>19067979
Yes IDIOTA. Corporations will use IOTA and you will be a bagholder. it's not for you.

I don't know who's more stupid. IOTA holders or XRP holders.

>> muh corporations will adopt!!!!!!
>> muh backs will adopt!!!!!
muh siemens muh bosh!!!!!!!!
fucking idiots lmao

>> No.19068062

>>19068007
Don't even try to call any other coin a shitcoin buddy. IOTA is one of the top losers of the past few years.

>> No.19068064

>>19068036
Cringe.

>> No.19068070

>>19067984
starting to feel like it. I wonder how much money the top 500 holders in BTC have.

>> No.19068095

>>19068062
God, you're just a short-bag holder, stfu already.
Can't take people like you seriously.
We had a discussion about real tech crypto and then some fuckers like you has to come around to spill his shit.

>> No.19068117
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19068117

>>19068064
I cringe at pic related.

>> No.19068135

>>19068117
t. not realizing IOTA is long-term
Short more, pleb.

>> No.19068146

>>19068135
Ok bagholder. I'm out. stay poor.

>> No.19068155

IOTA has the same problems any project in development has. Price action is also not indicative of the quality of a project. Not at this stage of the game. Some of these projects got pumped and dumped to oblivion. Just the nature of the game. If you are not willing to wait for the next wave, may as well chase whatever car runs down the street.... which it seems like some of you are doing. I am holding what I have been holding since 2017. Because I am not fresh meat, and was lucky enough to be here when it was still a global cryptocurrency discussion board, the kind with classic cypherpunk ideologies. Remember HODL? Some of us are still doing it, and are set to be in the position ETH and BTC holders were in prior to 2017.

>> No.19068167

>>19068146
Feeling pretty comfy.
Stop seething.
Let me guess, you hold ETH, LNK, BSV.

>> No.19068204

>>19068155
Exactly, but they don't understand that.
Crypto is still in its infancy.
REAL USE-CASE CRYPTO.
NANO, ETH, IOTA etc.

>> No.19068210
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19068210

>>19068146
Big Dick Dag Chads only

>> No.19068263
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19068263

>>19068155
>> any project has.
That's quite an understatement lmao but whatever makes you feel better about your worthless IOTA bags.

Wait let me point you to the candle that happened when IOTA had its 3th or 4th? complete system hack/exploit and coins were frozen and stolen by hackers and then by developers later. (holy shit lmao ) its this candle right here, a few months ago actually! very fresh in the memory. Poor iotalets.

it should have went to 0 sats but luckely the bots kept you up to 1580

>> No.19068316

>>19068263
Lol this guy can't even read ID's.
He's holding NANO and is OP.
NANO and IOTA have similar usecases but are also very different from each other you absolute pleb.
No go shill some shitcoins else where and seeth moaaar.

>> No.19068334

Nice old shitcoin boomer.

>> No.19068369

>>19068263
I don't hold any IOTA, I am 100% in NANO, but I can respect novel projects that are attempting new things. IOTA is without a doubt one of them.

>> No.19068390
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19068390

>>19068334
ty m8 have an upboat XD

>> No.19068433

>>19068316
id hold nano over iota simply because unlike iota, nano has suffered no hacks, no steals, no devs have frozen or stolen coins for themselves. the wallet works, etc.


I doubt you have ever actually used IOTA. all you did was read articles about partnerships. LMAO. damn you are dumb. you should get some XRP to go with that IOTA bud.

>> No.19068444
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19068444

We have the best whore in crypto too

>> No.19068467

>>19068433
The hack was from a 3rd party application. It had nothing to do with the protocol itself, nice try tho.
IOTA has learned from it and actually improved their system through this.
So yeah, remember when ETH was hacked?
Remember when BITCOIN was hacked?
God, you're such a pleb.

>> No.19068478

>>19068467
and you are a poor iota bagholder trying to shill his absolute garbage.

>> No.19068529

>>19068478
I'm not shilling anything.
I just think that IOTA and NANO have similarities and wanted to have a chat with OP, you absolute faggot.

>> No.19068543
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19068543

>>19068433
If IOTA can deliver smart contracts and work out the bugs it is a pretty promising project, desu

Nano tier network with smart contracts. I could see micro-fees being an acceptable trade-off for a faster ETH type network. But unless IOTA can implement smart contracts I don't see many advantages. I am a free market type guy, I like the idea of partnerships, but I rather prefer open access technology that anyone can utilize. I have more faith in the collective of man than I do in the collective of insiders with power. Evolution has a better track record than anything man has put together himself, IMO. Something simple that offers new modalities to be born has the greatest chance of adoption and most closely fits the bill to a naturally evolving system or organism. I think it is superior this way, should it pass the litmus test and survive in the wild. Pugs vs. Wolves.

>> No.19068597

>>19068529
ok i'll stop before you cry heheh.
just know that no one one /biz/ will ever like IOTA or XRP for that matter.

>> No.19068603

>>19061377
The top

>> No.19068631
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19068631

>>19068543
Also, to bring the discussion back to Nano, it solves the Satoshi Trilemma. By being fast, free, and remaining decentralized. Even if it isn't Nano, it seems fairly evident that such technology that can perform all three functions is in all likelihood a clear winner and will inevitably be adopted. The same way any system evolves to use as little energy as possible to maximize efficiency and lead to a greater chance of survivability. Once again, strongly mirroring evolutionary tendencies.

>> No.19068656

>>19068597
And you think I care what biz thinks?
This board has been transformed to shithole full of Indians shilling their Noname coins to each other.

>> No.19068676

>>19068656
/biz/ decides what becomes popular.
even if 95% of threads are shit.

>> No.19068692

>>19068543
>>19068631
I can't agree more.
I'm interested to look deeper in NANO as well now. Looked briefly into it but never really dived too deep.

>> No.19068712
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19068712

lol :x

>> No.19068720

>>19061377
we back at $30?

>> No.19068824
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19068824

>>19068720
Eventually. I DCA so much I will be okay at $2-3. $30 and I can live like a king. I have been DCA all of my company's assets over the past 2 years into Nano. Assuming it ever moons again, I will be set. Kind of want to retire early and keep the rest of my inventory for myself, but I know that every purchase I make now is a potential generation of wealth for my offspring. So I will keep slaving away in the meantime. But I want to fuck some people up the ass, and I need wealth to do it. This world is fucked and anyone who wants and intends to use their crypto gains for personal reasons, knowing full and well what is and has been going on, doesn't deserve the benefit of taking part in this financial and immutable revolution. This is war and anyone here for simple gains deserves to sell at the bottom. Desu.

>> No.19069482
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19069482

If only every team had this level of class and taste in women. All white team too.

>> No.19069648
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19069648

>>19069482
pic related

>> No.19069711

I hold a stack of 1500 NANO. If it crashes that's not a big loss, but if it really does become a top 5 crypto, I'll make some nice profit, and if it really were to kill bitcoin, heck yeah I'd be rich!

>> No.19069782

>>19068204
ok, real use-case: tell me how a normie is going to pay for something with any of those currencies.

the one crypto that will succeed is one that can be swiped like a credit card. if someone can come up with tech that works exactly like current CC payment tech, but instead uses crypto: that will get mass adoption.

>> No.19069888

>>19069711
I don't think it will top BTC unless BTC trends towards total centralization... which it very well may. There is a certain line of thought that nano is actually more secured, or will be, than a mining based protocol. Depending on market cap, purchasing or buying 51% voting power could be quite a bit more expensive than a 51% attack on a proof of work based coin. This is arguable and depends on plenty of factors, but it is definitely worth considering. My main concern is emergent centralization, and the idea that mining will eventually become a corporate lobby, similar to the Federal Reserve. As in only the largest grouped corporation will be able to profitably mine in pools, leading to centralization that in effect isn't all that different from what BSV does. Either way, I got into crypto due to the idea of decentralization. I will not support any cryptocurrency that ends up returning to the way things used to be. Even if that cryptocurrency is BTC itself.

>> No.19069935

>>19069888
im very interested in how nano will respond during the BTC run up. since it has no inflation and all and is very much distributed well.

>> No.19069943
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19069943

>>19069782
Your card, sir.

Also check these digits
>>19069888
>>19068444
>>19068155
>>19065599
>>19061377
Kek is truly with us.

>> No.19069963

>>19069935
and nobody cares about it, talks about it or uses it except a few 45 year old pebbitors.

>> No.19069985
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19069985

>>19069943
Woops, forgot the card
>>19069935
We still have the dev fund to worry about, but they only took 5% if that, and are almost sold out. Meaning no more large whales outside of Binance, which likely is just holding a large amount due to all those who store their crypto there.

>> No.19070125

>>19069963
People are building services that seek to challenge the major corporations right now and utilizing nano as the method of payment instead of having to deal with the banks. Can't wait to sell nootropics on a Nano oriented ebay without having my ability to accept payments threatened. No chargebacks either. Amazon if you have not noticed, is a breeding ground for predatory customers and vendors. I think we can change that. And provide a larger selection of products and services as well. The idea of setting up a custom meme vending machine on an eBay type website where microtransactions are performed to purchase content for less than pennies each is just one idea of many. Even what BAT tries to accomplish can be performed by nano, and even better. Not to mention the implications for in-game cross currency transfers and in game gold being an actual unit of value that can be spent outside the game world.

It literally changes and integrates everything. We have only seen the tip of the iceberg when it comes to what is coming. I still recall how people would sell items on Diablo 2 for Magic the Gathering online card packs, then sell the packs for actual cash, as a way to move value out of one game and transfer it elsewhere. This is a huge evolutionary leap and its eventual use is inevitable.

>> No.19070388
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19070388

Come home white man.

>> No.19070478

>>19066611
you are right on the lack of partnerships regarding Nano. you are wrong in every other regard.
i hold both chainlink and nano. chainlink scales thanks to offchain labs. nano will sooner or later triumph over every other cryptocurrency simply because its better, faster, cheaper. during the next bullrun when the normalfags flood in, they will buy up NANO just like they did last time, because its the logical conclusion to cryptocurrencies.

>> No.19070768
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19070768

>>19070478
You make her smile, anon.

>> No.19071208

Lots of shit on /biz/ tonight. Holy crap is it a dangerous time to be a crypto newb. Maybe 2018 was a blessing in disguise.

>> No.19071327

>>19066611
>Plus fees and everything makes it not so useful for everyday life.
This, but I left raiblocks for xdag

>> No.19071437

Is nobody going to say anything about the child porn in OP's image? IT'S A FUCKING 14 YEAR OLD GIRL, YOU SICKOS. I reported your thread to the admins. Hopefully they will remove this thread and report you pedos to the government.

>> No.19071496
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19071496

>>19071327
>xdag
A DAG you can mine? Doesn't that defeat the point of a low energy low cost alternative? How does the mining work, is there eventual reduction to the increased supply? Is there a hard cap?

Nano is already fully distributed, has no mining, no fees, and best of all, no inflation. What does XDAG offer that Nano does not? Banano seems like a good bet if you are looking for ultra low cap DAG style coins. Banano is a Nano fork.

>> No.19071520
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19071520

>>19071437
It is a cartoon character, and those tits look like they belong to an 18 year old to me. Stay salty and go throw your money away on the next flavor of the month shitcoin. You obviously have no ability to communicate with those of us engaging in dialog in this thread. Begone.

>> No.19071624

>>19071496
>Nano is already fully distributed,
It had a centralized distribution, also it use the block-lattice data structure not a full dag
Xdag is an original implementation written using the C programming language (not a fork). Xdag also has no fees, is fully decentralized, first minable DAG, and feeless.

>> No.19071733

>>19071624
Eh, I wouldn't call captcha mining centralized. It was easier to perform than setting up BTC mining in the early days, therefore more open access. Still, the idea of Captcha farms concerns me, much in the same way that early BTC whales concern me. I do agree there could have been a better initial distribution.

If Xdag has a mining reward based structure, that means that it rewards the participants either with new supply (inflation), or transaction taxation. I assume this is a crypto that will continue to be inflated due to your claim of it having no fees (and being feeless as well [isn't that one and the same..?])

>> No.19071806
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19071806

>>19070388
>>19071733
fucking kek really likes me today it seems
>>19069943

>> No.19072113

>>19071733
>Eh, I wouldn't call captcha mining centralized.
It's distribution was centralized, but now there isn't any new nano being released only traded. It's trading is decentralized now.
>transaction taxation
There are no transaction taxes.
>with new supply (inflation)
Yes, but inflation isn't bad, as there is a fixed amount that will be mined over a period of 160 years. There is talks of implementing an emission curve similar to CryptoNote currencies. (Admittedly inflation in any project can be a problem.)
>I assume this is a crypto that will continue to be inflated due to your claim of it having no fees
Having no fees doesn't mean it will inflate , but yes for now until the supply is fully mined.
>and being feeless as well [isn't that one and the same..?
It is, my mistake.

>> No.19072146

>>19072113
>There are no transaction taxes.
How do the miners receive rewards? Where do the rewards come from?

>> No.19072173

>>19072146
Oh I see, inflation...

Once everything is mined, does it switch over to PoS?

>> No.19072285

>>19072173
It will still use PoW as it's consensus mechanism. Though you bring up an interesting point, I'm not sure what happens when the supply is fully mined. I had assumed it will continue similar to raiblocks but that doesn't appear to be the case.

>> No.19072401

>>19072285
Stay safe out there.

>> No.19072490

>>19068167
Ive been holding over 40k link since 2017 yes :)

>> No.19073122

>>19072401
You too.