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Nano

Nano is a cryptocurrency focused on fast transactions, no fees, and scalability.

Finance and payments

πŸ’© 50%

Reviews for Nano

πŸ”‘ 5 positive | πŸ’© 5 negative

πŸ’©

One thing I find interesting about these "next-gen" and "scalable" blockchains is that although they've been released, transaction volume is scarily low. For instance, #Nano is processing a whopping 0.2 transactions per second currently.

Jackson Palmer, Group Product Manager at Adobe and Creator of Dogecoin

2018-06-17 | Full Review

πŸ”‘

I took a look at Nano currency recently. Pretty neat. Every account has it's own blockchain. It focuses on fast and free transactions for payments. Uses PoS for double spend protection and PoW to fight spam. The challenge is to keep it decentralized.

2018-02-28 | Full Review

πŸ”‘

Nano/Raiblocks is pretty interesting. The big issue they face is figuring out a way to deal with spam attacks that doesn't result in a massive network slowdown or a de-facto reversion to being purely PoS.

2018-03-01 | Full Review

πŸ”‘

One of my favorite things about $XRB. Super straightforward value prop that anyone can understand.

Garry Tan, Co-founder and Managing Partner at Initiaized

2018-01-30 | Full Review

πŸ’©

I did a light diligence of XRB last night and came away cringing. They called their blockchain a block lattice. Everything else about it was pretty cringeworthy too.

2017-12-27 | Full Review

πŸ’©

Nano promises you something for nothing while conceding no tradeoffs. Highly suspicious of it. Would love to see the outcome of the bitgrail situation too - I suspect it was a nano failure, too

Nic Carter, Partner at Castle Island Ventures and Co-creator of Coinmetrics

2018-02-28 | Full Review

πŸ’©

The incentives seem broken. If Nano is successful then the representative nodes are going to cost a lot of $$ to run and they don't get paid. As a result, I think the network will remain centralized.

2018-06-12 | Full Review

πŸ”‘

Nano works as described - near instant and feeless transactions with unlimited transaction throughput....However, Nano is currently being held back by an unproven consensus algorithm, spam vulnerability, centralization concerns, and the lack of smart contracts. Nevertheless, the network in its current state works and it works well. potential to seriously challenge big names like IOTA and even Bitcoin.

2018-01-12 | Full Review

πŸ’©

speed is mostly irrelevant for SoV it's all about security + disinflation + proven unchangeability which BTC beats Nano by an enormous margin holding Nano as a bet it can become a "SoV" when BTC exists is irrational, dangerous, risky.

2018-08-15 | Full Review

πŸ”‘

#nano is looking to be for cheap, simple payments. it's not trying to be maximally decentralized like #bitcoin. it's arguable that even if only data centers ran historical nodes, that #nano would be less centralized than #BTC, whose hash power is controlled by only a few pools.

2018-02-28 | Full Review

Finance and payments comparison

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