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This is one reason why I think Nano (Nano.org) will eclipse Bitcoin for pure transfer of value transactions. Nano uses a block lattice that doesn't require mini
by touchofevil 8y ago
This is one reason why I think Nano (Nano.org) will eclipse Bitcoin for pure transfer of value transactions. Nano uses a block lattice that doesn't require mining. The transactions are instant and feeless b/c of this. There is a tiny bit of PoW on the sender's device to prevent spam transactions.
- iainmerrick 8y agoHmm, how small is “tiny”? I suspect it would either be too small to be a deterrent, big enough to be wasteful at scale, or both. Is there really a sweet spot that avoids both of those?
- touchofevil 8y agoThis site claims that a single Nano transaction taking 0.112 Wh vs a Bitcoin transaction taking 950kWh. (note Wh vs kWh) https://isnanogreenyet.com/ https://isnanogreenyet.com/ Check Nano's FAQ regarding "Is Nano vulnerable to attacks?" here https://nano.org/en/faq https://nano.org/en/faq