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

/biz/ - Business & Finance

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File: 94 KB, 880x518, nanofrens.png [View same] [iqdb] [saucenao] [google]
19787485 No.19787485 [Reply] [Original]

You know what time it is....
ITS MORPHIN' TIME WE REDDI TO MORPH INTO ACTION YEAH
https://www.youtube.com/watch?v=x3w7CTpNH-E

>> No.19787516

are we pampin

>> No.19787558

>>19787485
>>19787516
>Decentralization
>1st layer scalability
>Zero fees
><1 second full-conf times
>No account/balance minimums
>Censorship-resistance
>Fully-distributed
>No inflation
>Given away for free
>Doesn't have billions in escrow
>Not created by a for-profit company
>Has deterministic finality

idk anon seems good to me

>> No.19787576

>>19787558
> makes the scampeddling jeets on /biz/ seeethe.

>> No.19787618
File: 57 KB, 1109x882, fud1.png [View same] [iqdb] [saucenao] [google]
19787618

>>19787558
idk this is some serious fud right here
pic related

>> No.19787670

>>19787618
thanks just sold 100k

>> No.19787696

>>19787670
thanks, just bought your 100k

>> No.19787719
File: 142 KB, 360x346, kek.png [View same] [iqdb] [saucenao] [google]
19787719

>>19787670

>> No.19787735

>>19787558
how does it scale 1st layer?

>> No.19787794

>>19787735
Instead of using a single, monolithic blockchain, Nano uses a block-lattice data structure, where every account has its own blockchain (i.e. transaction and balance history). This is a unique implementation of a directed acyclic graph (DAG), where a "block" is just one transaction, and each transaction contains the account's current balance. Furthermore, account-chains can only be updated by the account owner, which allows the account-chain to be updated immediately and asynchronously from the rest of the block-lattice, resulting in quick transactions. Due to the speed and low data requirements, the cost of hosting a node is extremely economical, allowing NANO transactions to be completely free to send, not needing to be taxed to pay those who host the nodes. This also allows for the network to be deployed without inflation or mining to pay for node uptime. Nodes have a requirement of 133,000 delegated Nano (0.1% of total supply) to vote on the network. Delegation does not require staking and can be changed instantly via the wallet owner.

>> No.19787840

You know what time it is....
ITS DUMPIN' TIME WE REDDI TO BAG HOLD INTO ACTION YEAH

>> No.19787884

>>19787840
haha, excellent post my friend, have an upboat XD

>> No.19788189

OOOOOOOOOOOOooooOoooooo

>> No.19788316

>>19787840
hahah OOOOOOOOOOOOOOO
and instead it pumps
OOOOOOOOOOOOOOOOOOOOOO