But why not at least be open to it if you can recognize it's technical superiority? ...

npub14ly…03ze

2023-02-24 22:00:26

in reply to nevent1q…ulwp

But why not at least be open to it if you can recognize it's technical superiority?

Why do Bitcoin maximalists outright reject it?

What's wrong with saying "well, obviously I'm going to continue using BTC for now since it has a lot of support at the moment, but I'll also help advocate for this incredibly promising technology"?

And yes, Nano really is is "SO MUCH" better, Bitcoin maximalists just refuse to acknowledge it as such.

### Compared to Bitcoin
instant >> 30-60 minutes for confirmation
deterministic finality >> probabilistic finality
feeless with no barriers for even the poorest people >> $2 and eventually $70+ fees
zero supply inflation >> 2% annual inflation
uncapped throughput >> 3-7 tps
incentivized decentralization >> incentivized centralization
Nakamoto Coef of 10 with $125M market cap >> NC of 2 with $500B mc
no rent-seeking middle-men >> miners
negligible energy usage >> 120TWh annual energy usage

### Compared to Lightning
feeless with no barriers for even the poorest people >> "minimal" fees
on-chain decentralization and security >> centralized and custodial sidechain
simplicity >> extreme complexity prone to bugs, vulnerabilities, and failures
direct P2P payments >> liquidity channel management with invoices

Have you actually tried it? It's an incredibly delighting experience.

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2023-02-24 22:00:26

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