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Ah come on, you can run a node for $20 a month, that's way cheaper for an entreprise than sharing revenue with a payment processor. Running a node is dirt cheap
by koonsolo 4y ago
Ah come on, you can run a node for $20 a month, that's way cheaper for an entreprise than sharing revenue with a payment processor. Running a node is dirt cheap, because a transaction is dirt cheap at 0.000112 kWh per transaction.
https://blog.nano.org/how-to-run-a-node-and-why-a-full-nano-guide-7dff90fa826e https://blog.nano.org/how-to-run-a-node-and-why-a-full-nano-...
- hiq 4y ago> you can run a node for $20 a month So that's one more entry in your accounting, how many more are there? Once you've counted everything and implemented all the missing features (e.g. how much does it cost to do USD -> NANO -> NANO -> USD), do you still have something that costs less to run than a payment processor? My only point is that "0 transaction fee so that's better than traditional solutions" is misleading, because of hidden costs, missing features, unknown regulatory risk, etc. The technical part and its efficiency is interesting, but just one variable in the equation, and not even one that major payment processors couldn't replicate at a whim if it did bring any value.