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I wouldnt say its a failed experiment, nano delivered a good product for instant, feeless transactions, but nobody is interested because its not really a first
by beginnings 3y ago
I wouldnt say its a failed experiment, nano delivered a good product for instant, feeless transactions, but nobody is interested because its not really a first world problem, money already works for payment and it works everywhere.
- Ekaros 3y agoI would call lack of adoption a failure. And it seems only issue we currently have with payments is the international one. And even there solutions exists inside certain blocks like Europe. So in the end it seems there is just lack of political willpower to force global standard for bank transfers.
- Yizahi 3y agoNano is only fast because it is centralized. Just like all other "fast" token systems are centralized. And regarding instant, feeless transactions - do you believe that electrons carrying current bank transfer messages are slower or more expensive than the ones carrying tokens (physicists, please forgive me)? The only reason token systems are temporary cheaper or faster is if they operate outside of law. Hardly a compliment in my opinion.