Matt Odell on Nano

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.

Nano representatives (nodes) [pay Nano's transaction costs]. Each transaction increases their operating costs. This should lead to greater centralization over time (Nano is already very centralized) since costs to run a representative node will continue to go up as more people use Nano.