What went wrong?

GoogleCat
GoogleCat

There are apps to send money instantly barely any fee if any, why nano?

Methshot
Methshot

Why Bitcoin?

Evilember
Evilember

blockchain
traceable public transactions duh

haveahappyday
haveahappyday

So NANO is just technology that works better, without miners, is faster, feeless and scalable.
Sure. No reason for NANO to exist.

AwesomeTucker
AwesomeTucker

read
no-one cares about crypto "currencies" traditional banks work well enough unless you're a nigger from Africa

Attached: nlnbm74i-20150120011538.jpg (471 KB, 1024x1544)

PurpleCharger
PurpleCharger

It will always be the standard at least for 5 years, I measure my savings with in btc..don't you?

New_Cliche
New_Cliche

no smart contracts, which is the literal only use for crypto in the 21st century.
/thread

Inmate
Inmate

nano also confirms instantly which is important for in person transactions at restaurants and coffee shops... nano nodes are cheap and can be free when using desktop wallet. they are also under $3 a month which businesses wil gladly accept rather than paying a 5% merchant fee for using AMEX... whoever said it costs couple hundred $ a month to run a node is a fucking faggot dick sucker who probably gets paid in BTC while sucking old men's cocks.

Gigastrength
Gigastrength

Coffee shops accept credit cards..

Dreamworx
Dreamworx

Nodes are $3 right now. But Nano transactions are 400 bytes, Bitcoin Cash transactions are also 400 bytes. They scale in the exact same way. Nano nodes will cost hundreds per month if it gets a few hundred tx/sec.

Evil_kitten
Evil_kitten

To continue my other reply, the problem here is that mining nodes have income to pay for their node. Nano nodes have no income. See the problem? Bitcoin Cash and Nano scale at the same rate, yet Bitcoin Cash nodes pay for themselves while Nano nodes are pure cost to the operator. Which do you think will survive the costs of scaling?

massdebater
massdebater

Being this retarded
Credit cards charge businesses %3-5 and the payment can come as late as 3 months.

kizzmybutt
kizzmybutt

See these

haveahappyday
haveahappyday

wrong. nano nodes don't require storing the entire blockchain as balances are stored in the protocol

TalkBomber
TalkBomber

not everyone has to run a FULL node. theres a clear difference. you can run a node on desktop wallet which takes up 2% of your CPU. most merchants who generate thousands of $ in revenue can survive the cost of running a $3 node. in hindsight, yes you cant expect every nano user to run a full node its statistically impossible. does that mean the network will die? no it doesnt. look at torrent sites like piratebay. they are still running for over 10 years with thousands of seeders. there are 10k seeders who get paid nothnig and still support their torrents with 100k leechers. even with 10% support is more than ample to keep the network functioning. quit over exaggerating dude

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