/biz/ - Business & Finance

>>19787497
Muuuuhhh Nano is sooo fast MEANWHILE it's an easily attackable unsecure shit network. That's exactlye where you DONT want to store your mONEY xD

>>19787622

>>19787497
what's nano's main dex?
what's the liquidity on it?

>>19787818
NANO is not an ERC-20, it is a completely unique, built from the ground up, and currently live cryptocurrency. It can be traded on Binance and Kucoin, as well as Kraken. It is currently #47 on CoinMarketCap.

How it works:

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.

>>19787818
https://coinmarketcap.com/currencies/nano/

https://www.binance.com/en/trade/NANO_BTC
https://www.binance.us/en/trade/NANO_USD
https://trade.kucoin.com/NANO-BTC

Quick rundown:

>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

>>19787834
>>19787851
by dex I mean decentralized exchange built on top of it
can I buy gold tokens on the nano network?

>>19787497
>Nano

>>19788146
No, NANO is not an ERC-20 so it isn't on ERC-20 based dex's. Only larger exchanges, Kraken, Binance, Kucoin, etc.

I don't own Nano and can't say I ever will at this point (Honestly I have ignored it this whole time) but the sentiment is true for any crypto product that releases a functioning product that delivers what has been promised.
After a bubble inflates to encompass an entire market and bursts, its the few sharp points within the data that sucks up all that market share, like Amazon and the dotcom bubble.

>>19788395
I literally had a dream where this exact same scenario happened. BTC crashed, as did everything else, including NANO, but NANO ended up shooting up almost instantly and taking spot #1. It seems like a very real potentiality, especially as BTC fees will become unreasonably high if it ever reaches 100k+. Not to say that other blockchain type tech won't also take its market cap however, such as ETH and who knows what else.

>>19787630
you're not even using this image correctly

just fuck off, reddit basedboy

the founder of nano is a simp betafaggot who has no vision

only reason nano became relevant was because of the bitgrail fiasco

also dont forget he hired some litteral whore instagram influencer with no work experience to manage millions of dollars

KEK and you retard think nano is better than btc?

>>19788462
>>19788471

brainlets will never get the true potential of it.
i bet most of you dont even know how a blockchain works and that it's fundamentally flawed for large scale use.

>>19789019
they aren't worth your time, anon.
just stack nano and spread the good word

>>19787497
Right I'm out. The second pajeet memed like this start being made its time to call it.

>>19788268
Jesus christ you retard.

>>19789157
Later homeboy

>>19789170
(You)