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Nano uses dPOS and does not mint any new coins with PoS nor does not charge any tx fees. Instead of "Give the rich more money" it's more like "preserve the val
by wyldfire 9y ago
Nano uses dPOS and does not mint any new coins with PoS nor does not charge any tx fees. Instead of "Give the rich more money" it's more like "preserve the value of my money by fulfilling the promise of this coin".
- nosuchthing 9y agoNano (aka Raiblocks) is basically a scam. How was the supply produced and distrubited? https://raiblocks.net/page/frontiers.php?limit=100 https://raiblocks.net/page/frontiers.php?limit=100 Nano/Raiblocks were created from software, a reproducable distributed database protocol. Except in the case of Nano, the vast majority of the tokens are in control of the owners with a few being given away to the public for clicking captchas. https://www.youtube.com/results?search_query=raiblock+captcha https://www.youtube.com/results?search_query=raiblock+captch... Consider, anytime you buy a cryptocurrency it means someone else is trying to cash out...
- wyldfire 9y agoI don't agree, but I do think it's very wise to be suspicious of coins and their distribution mechanism.
- seanwilson 9y ago> Except in the case of Nano, the vast majority of the tokens are in control of the owners Do you have evidence of this?
- doots 9y agoWhat evidence is there 90% of Nano distribution isn't owned by a single person? This is a major aspect of transparency in decenteralized p2p protocols, and the issue with Nano is there's no paper trail or proof that the devs didn't take all the supply. We do know 13% of all Nano in circulation was stolen in the Bitgrail hack.
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