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53904110 No.53904110 [Reply] [Original]

>Instant
>No fee
>Defined supply

Why is this not the actual useful coin of the future?

>> No.53904142

https://nano.org/en

https://www.reddit.com/r/nanocurrency/

https://en.m.wikipedia.org/wiki/Nano_(cryptocurrency)

>> No.53904319

Bump. Better tech than pajeetcoin rugpulls

>> No.53904385

>>53904110
What is the use case?

Now ask yourself, is there something about it that makes it unsuitable for that use case?

Perhaps something the market has realised but you haven't?

Usually if a project has been around for a while and is not gaining traction there is not a good product-market fit.

>> No.53904391

I lost so much money on this shit when it was called RaiBlocks. Bitgrail hack left me in shambles. I dont ever want to see this coin on my board again

>> No.53904473

p2p payment service

token has no utility... it's worthless and was a pump and dump scheme

>> No.53904496

>>53904110
Banano is better

>> No.53904506

>>53904319
Someone gave me like $100 worth of this during the bullrun, if that was you you're based.
I miss 2021 so much bros.

>> No.53904526

All the features you mentioned are something you would expect of a gen1 chain we are no longer in gen1 territory. Nano, waves all dried up projects. There isnt a single coin out there now that i would be happy having my money in for the next 10 years INCLUDING bitcoin.

>> No.53904537

>>53904110
cant scale and is centralized at around 160 nodes.

>> No.53904571

>>53904110
no ponzinomics to make the price go up and attract attention
low liquidity compared to ETH/BTC, so whales using it to transfer funds will lose more in swap fees than they would save from not having to pay transaction fees

>> No.53904654

>>53904110
they distributed the entire supply to themselves. someone on reddit leaked the lawsuits that they settled out of court and it had internal conversations about it

>> No.53904921

suffers the issue of economic public good sustainability.

the only coin that does this in an egalitarian way is - fuck ya im not tell you

>> No.53904957

Nano goes so fucking hard. Everyone trying to fud sounds like the crustiest old bitcoin-hating boomer who works down at the postoffice and struggles with printers.

Suck my fucking dick you larping retards. Nano is instant. It's feeless. It's Venmo (the normie gold standard for transactions) without a third party. Go spend $17.42 moving five bucks of your worthless ERC-20 token and then jerk off into a napkin for two days while it settles.

Fuck you

>> No.53904979

>>53904921
Vite? Tangram? Iota?

Which is it?

>> No.53905043

here comes the DAG retards out of the woodwork

>> No.53905251

>>53904957
Who wants to transact with an asset that doesn't have a stable value?

Move on from nano - everyone makes mistakes. The sooner you can move on from it (as hard as that may be) the quicker you can get into something that will actually make you money. Don't let the next bull run pass you by as you clutch onto wild hopes of nano doing anything

>> No.53905449

>>53905251

You're basicaly saying cryptocurrency has no value as a currency or a utility, it's just a casino pure and simple.

Not the worst take in the world, but is that what you really believe?

Anyone who believes crypto is anything more than just a shitcoin casino must accept that Nano is simply S tier.

>> No.53905536

>>53905449

Amongst the thousands of shitcoins there are a few that do have utility (and more that will eventually).

The problem with nano is that being fast and free to transfer is less useful than something with a stable value that can be transferred slower and at greater cost (i.e. all the stablecoins). No one wants to hold something that may be worth more or less in a few days, let alone a few minutes.

Something that can be speculated on is far less useful as a means of transacting.

If you want to profit from the stablecoin space I recommend you look into projects vying for the title of decentralised stablecoin of choice as they usually have a second token that will appreciate in value with the adoption of the stablecoin.
Look into: MKR (DAI), LQTY (LUSD), FXS (FRAX), RSR (RSV) and if you want my choice of what ultimately has the greatest chance to be the stablecoin to end all stablecoins look into AMPL (SPOT). Not even joking - I've spent many, many hours over the last 3 years looking into how to profit from the decentralised stablecoin niche.

>> No.53905575

>>53905449
>that Nano is simply S tier.
No. Nano has fundamental problems, like spamming issue. It is shit centralized, initial supply distribution is UNVERIFIABLE.

Nano is irrelevant when Algorand exists and can settle ANY transfer (including usdc, usdt) in <4s (like Nano) but with security and almost no fees. Think about it hard. Monero and Algorand makrs Nano use case IRRELEVANT and the market shows it ro you everyday since 2018. I am not shilling Algo or XMR.

You are very, vety welcome.

>> No.53905641

>>53904110

>No incentives to secure the network, such as mining rewards. Only based on altruism
>Almost all infrastructure is (and must be) based on unverified info from de-facto "trusted" nodes
>5% of supply given to devs. not as bad as 80+% shitcoins, but that's not really an excuse
>Extremely vulnerable to spam attacks
>Oversimplified transaction protocol with no support for even simple things like timelocks. Not saying that it should become a SmArT-CoNtRaCt shitcoin, but it's not extendable and therefore can not be adaptable or flexible. The most relevant implications of this that I can currently think of are privacy protocols and atomic swaps.
>Funds have run dry and is starved for developers, even despite the 5% dev reward

Nano seems to be a legitimately well-intentioned project with an interesting design, but it makes a whole lot of tradeoffs on the security and decentralization fronts. It's fundamentally flawed in ways which for the most part can't really be fixed.

>>53904654

More info on this?

>> No.53905945
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53905945

>nodecucks do it for free
>no financial incentive
>absolutely free

>> No.53905969

>>53904110
it’s vulnerable to spam attacks, the devs are super sketchy (word on the street is they got a cut for laundering Bitgrail stolen funds or they are the actual hackers), woman CEO, no use case (XMR has $0.005 fees which is as good as 0), no smart contracts, woman CEO.

>> No.53906005

>>53904110
>shilling a 2017 coin kek
your heavy bags be down bad fr fr

>> No.53906370

>>53904110
Because you are not buying more. You are showing how much of a shitcoin it is.

>> No.53906649

>>53905945
i keked, comrade

>> No.53906790

Is George still around? Has her porn tape finally leaked?

>> No.53907031

>>53905575
If only NANO get's better and improved tech, it will be adopted regardless of what has been on ground. Comparing tech in privacy, XMR is not growing as people wants it and new protocols are rising. Zcash with zk-SNARKs and Railgun using ZKP are getting more adoption.

>> No.53907048

>>53904319
Most rugpulls are hosted on a chain that actually works so they are better in that regard. Nano only works because no one bothers to attack it. The last spam attack that bought the network to a halt was done by a single person spending $80 a month. That's how retarded and delusional you Nano fags are. There is literally no tech - just some amateur code that only works as long as no one looks at it. You are better off investing in WoW gold.

>> No.53907070
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53907070

>>53904110
Nano gives me same vibes and Elrond, great tech but nobody uses it

>> No.53907192
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53907192

>>53904110
>2017 shitcoiner who hasn made it
i hope Linkies face the fame destiny

>> No.53907213

>>53904110
isn't this shit dead and buried?

>> No.53907226

>>53907070
nano is coin stuck in it's 2017 early days hype, elrond is miles ahead
they don't have a major brand like audi working with them to be compared to a dead shitcoin

>> No.53907240

>>53904957
>dunning-kruger, the post
this isn't 2017 gramps. most erc20 action happens on rollups where tx cost is closer to 20 cents and finality is a couple seconds or altchains where tx cost is sub cent and finality a minute at most
you're bagholding something you don't even use because you hope a greater fool will buy it off you, while berating people who actually use useful networks. your kind of normalfag is positively retarded. it's like investing in luxury handbags when you're a guy who spends his weekends in bars and car shows

>> No.53907330

>>53907048
couldn't have said it better

>> No.53907334
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53907334

>>53904391

>> No.53907351

>>53907226
Not a direct partnership kek
Audi directly partners holoride which happens to be built on the chain to bring the metaverse to cars

>> No.53907530

>>53904506
The bullrun was in late 2017.

This thing 100x since it got popular on biz, but was only tradeable in kucoin when it started to crash in 2018.

>> No.53907535

>>53904110
Tryna wake a dead coin OP?

>> No.53907550

>>53907226
Would agree with that
btw it's now Multiverse x and no longer Elrond

>> No.53907663

>>53904110

It'll pump fast an hard when bitcoin starts to move again regardless of anything else, set sell price at $65

>> No.53907682

>>53904110
Reddit coin