On paper, this should have been a top 10 project. It's feeless, green and instant. What went wrong? Is it still actively developed?
XNO, formerly NANO, formerly Raiblocks: Now that the dust has settled, what happened?
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token not needed
It went up 50% just a few days ago.
I heard it has scallability issues and no smart contracts.
Can be still usefull.
Why isn't a green, instant, feeless and immutable currency not needed? Isn't this why we're here for?
Are you retarded?
It's a fucking DAG, not a blockchain.
>>I heard it has scallability issues
Has their network ever bogged down? You piqued my interest.
So?
didnt one kid fuck it up with a ddos? also their node operators do it for free.
So it doesn't have any of the needed safety guarantees of a blockchain.
And on top of that, the retard creator made it without fees, so any idiot can ddos the network with fake transactions and destroy it even if you have so called "anti ddos measures".
Interesting. How is the Nano foundation addressing this?
They're not. The network has been ddosed almost constantly for straight years. Nobody cares that it's broken because nobody uses cryptocurrency for payments, everyone just wants to get rich.
reddit.com
Since it has been decentralized it hasn't been down.
And you niggers should learn to fucking read and search.
Reddit spacing
Every user is a part of their network so it can go down only if the internet goes down.
They are going off of the definition "bottlenecks and extremely slow periods of time are not downtime", which is quite frankly ridiculous because no blockchains have ever "gone down" except Solana.
Seems it's more general than that
>>"The network was at a sustained 70+tps over a week and nodes were falling out of sync. When representatives lower the bandwidth cap it effectively reduces the network tps which allows them to catch up. Unfortunately the attacker was also exploiting a poor performance case in the node so resyncing is slow," LeMahieu continued.
coindesk.com
Have they done anything to address this or is this the cost of having a feeless payment system?
Apparently v24 nodes mitigate against the type of ddos that crippled the network in early 2021.
2 issues.
spam issue
token not needed issue.
> It'S nOt DoWn dEspItE beInG UnUsAblE
You go read and search faggot
Only reason why anyone has heard about Nano is that they lied about Nano having 7000 tps (reality was 1% of promised tps) when BTC network was clogged in late 2017. Worse Nano has the absurd business model that they can get suckers to run the network for free, zero compensation whatsoever, and thus have zero fees. Works well when NOBODY is using the crashed tech network. However, if you ask how much it will cost in CPU, IO, bandwidth, hardware etc to run a global network on their plebbit page, /r/NanoCircleJerk, you will be banned within seconds. Same if you ask anything related to their crashed tech, cost analysis for a global network based on volunteers taking all the costs, swindle, corruption and scam. Nano provides zero real-world transparency.
Nano is a proven scam and you know it:
>Team NANO - Sex, Fraud, Corruption and Satanists
warosu.org
>Nano Heading for Disaster – Dirty Deals with BitGrail
archive.is
>Nano and Bitgrail leaders scammed over $100 million from Bitgrail
archive.is
>Dangerous flaws and major problems with Nano
archive.is
>Worst anti-white globohomos in crypto
warosu.org
Pic Nano's Chief Operating Officer, an unknown bikini blogger with NO experience, NO contacts, NO education in the business and/or tech field, showing Colin, Nano findom "investors" and all the "misogynists" in the tech industry her...ahem.. "job qualifications" as a Chief Operating Officer (COO) for a 4,5 Billion USD ATH Mcap crypto project.
They have been lying about next version will fix spam and low tx speed for years. They can't fix it with their shit protocol. It's a scam.
is there a video or summary of this interview with George?