atxmj on Nostr: > Lack of security What exactly do you mean by this? Nano has instant deterministic ...
> Lack of security
What exactly do you mean by this?
Nano has instant deterministic finality with far better security than the probabilistic finality of Bitcoin.'
Once a node sees quorum voting weight to determine a transaction block is valid, which occurs in about half a second, it cements the block as final and will not reverse it, no matter how much voting weight any other node can obtain.
Do you mean something else?
> lack of decentralization
Nano's lack of monetary incentives means that both node operators and users are directly incentivized to decentralize as much as possible. Despite its relatively low market cap, Nah has already achieved better operational decentralization than Bitcoin, with a Nakamoto Coefficient of about 10, compared to Bitcoin's NC of 2-3.
Nano has far greater potential for decentralization and resistance to seizure and censorship than Bitcoin.
> lack of adoption
Adoption / network effect is an emergent property of utility and demand, it is not inherent to the technology. It only comes with time.
> The base layer should be as sound as it gets, hence bitcoin only.
And yet Nano is even more sound than Bitcoin in just about every fundamental way. Why reject this?
What exactly do you mean by this?
Nano has instant deterministic finality with far better security than the probabilistic finality of Bitcoin.'
Once a node sees quorum voting weight to determine a transaction block is valid, which occurs in about half a second, it cements the block as final and will not reverse it, no matter how much voting weight any other node can obtain.
Do you mean something else?
> lack of decentralization
Nano's lack of monetary incentives means that both node operators and users are directly incentivized to decentralize as much as possible. Despite its relatively low market cap, Nah has already achieved better operational decentralization than Bitcoin, with a Nakamoto Coefficient of about 10, compared to Bitcoin's NC of 2-3.
Nano has far greater potential for decentralization and resistance to seizure and censorship than Bitcoin.
> lack of adoption
Adoption / network effect is an emergent property of utility and demand, it is not inherent to the technology. It only comes with time.
> The base layer should be as sound as it gets, hence bitcoin only.
And yet Nano is even more sound than Bitcoin in just about every fundamental way. Why reject this?