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_Kristijan_
searching PlanetScale…
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by
_Kristijan_
5y ago
There is not only PoS. Open Representative Voting (ORV) is a working solution: https://docs.nano.org/what-is-nano/overview/
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_Kristijan_
6y ago
> The technology for preventing double-spending is incredibly inefficient and slow. Transaction costs are high. Right now, a Bitcoin This is true of bitcoin. There are better cryptocurrencies which have already solved these problems comp
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by
_Kristijan_
7y ago
> NANO is what IOTA was trying to be. That's much too sweeping a statement. The Nano currency is a pure currency. IOTA on the other hand wants to sell itself as a data exchange layer for IoT. With emphasis on "wants" ... I
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by
_Kristijan_
7y ago
Nano consensus mechanism is called Open Representative Voting (ORV). It has similar sides to proof-of-stake, but differs in important places. e.g. it is less a "stake" than a voting weight that the users themselves distribute to n
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by
_Kristijan_
7y ago
"Bitcoin (and all other cryptocoins) are just not usable for mass transactions. Buying anything with bitcoin takes over 10 minutes" Anybody here know the currency Nano? The ORV (Open Representative Voting) consensus mechanism make
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by
_Kristijan_
7y ago
I would like to bring Open Representative Voting (ORV) into the game. On ORV, every account can freely choose a Representative at any time to vote on their behalf, even when the delegating account itself is offline. These Representative acc
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by
_Kristijan_
7y ago
Feels like we're playing the first round in "Master of Orion" when you start scanning the stars around you ;)
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_Kristijan_
8y ago
A "faster, more efficient cryptocurrency" is already in productive operation since 2015. Called "Nano" https://nano.org/en
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_Kristijan_
8y ago
And if it's air or water cooled
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_Kristijan_
8y ago
"Feels like downloading Windows shareware in the 90s to me." Bull's eye!