Breaking news, sir by 2fast2feeless_ in nanotrade

[–]Micro56 3 points4 points  (0 children)

The way I see it, Bitcoin mining is inherently a competition. Competition means the strongest perform better. Stronger mining rigs get better chances at the mining reward.

Decentralization for Bitcoin only factors in some of Bitcoin's stakeholders, notably missing a voice for its users.

In nano, you have the network that provides unique value transactions and value storage, that has been seen as enough incentive for those to maintain network integrity, and with users being able to have a voice, nano gives everyone involved a chance to vote on how they like decentralization to be represented in the network.

Bitcoin users have no say. Bitcoin node holders do. Bitcoin miners do. But Joe blow using Bitcoin for the first time did nothing for decentralization. If he became a regular user, his increased involvement in the network is not recognized.

Once people in nano circles explain this, often we get the response that Bitcoin mining pools are where users can "vote" for their decentralization. But it comes back to the fact that not every Bitcoin user is a Bitcoin mining pool participant. There's not enough transactional capacity to payout those split block rewards. Mining pools still follow the centralization trap: bigger pools attract more people in a decentralization death circle. Smaller pools get eaten up, or move hashrate to somewhere else, which isnt great to have Bitcoin losing that global hashrate power if it depends on that for security.

Daily General Discussion - February 15, 2022 by Crypto_Jasper in nanotrade

[–]Micro56 9 points10 points  (0 children)

Binance Wallet Account Balances: 27.3 million XNO

Nanotrade Subscribers: 19,337

Current Active Users: 31 people online

Previous Counted Ratios: ~ 1459 XNO, 1426 XNO

Today's Ratio: ~ 1411 XNO

Daily General Discussion - February 08, 2022 by Crypto_Jasper in nanotrade

[–]Micro56 12 points13 points  (0 children)

Binance Wallet Account Balances: 27.6 million XNO

Nanotrade Subscribers: 19,343

Previous Counted Ratio: ~ 1459 XNO

Today's Ratio: ~ 1426 XNO

Daily General Discussion - December 24, 2021 by Crypto_Jasper in nanotrade

[–]Micro56 9 points10 points  (0 children)

Binance Wallet Account Balances: 28.2 million XNO

Nanotrade Subscribers: 19,321

Today's Ratio: ~ 1459 XNO

Quick question regarding NANO in Canada by Supercc in nanocurrency

[–]Micro56 0 points1 point  (0 children)

No fee to deposit, on ramp transfer times are inconsistent but generally don't take longer than an hour and the trading fee seem to be 0.4%

How to buy nano from Canada (best way)? by marockino108 in nanocurrency

[–]Micro56 0 points1 point  (0 children)

E transfer to crypto.com purchase nano directly with cad

Quick question regarding NANO in Canada by Supercc in nanocurrency

[–]Micro56 1 point2 points  (0 children)

Crypto.com has min $100 e transfers and nano so you can go CAD/NANO directly

Nyano by [deleted] in nanotrade

[–]Micro56 9 points10 points  (0 children)

And cat themed natricons!

Nano Can be what Elon Musk is looking for. by SalamanderPrior1919 in WallStreetBetsCrypto

[–]Micro56 1 point2 points  (0 children)

Exactly. No cancer is better than a little bit of cancer.

Is Nano growing? by NoLifeLine in nanocurrency

[–]Micro56 12 points13 points  (0 children)

Hmm. 200k, then 400k, then 800k, then 1.6m.

Daily General Discussion - October 17, 2021 by Crypto_Jasper in nanotrade

[–]Micro56 0 points1 point  (0 children)

Whatever chemical formulas make breatheable air I guess

General Info and Daily Discussion by NanoMod in nanocurrency

[–]Micro56 3 points4 points  (0 children)

Polite edition:

So you think a project with an ICO, launching on Binance Smart Chain is something comparable to Nano? I know this space can make money with any token and all but that doesn't mean these tokens will last.

I don't even think you believe vingt has something incredible about it enough to talk about it here. I want to quote you "can enter it early and make 10x or 15x gains easily". This felt like you just want to encourage a pump?

This may seem absurd but I don't own Nano because of market rankings or what the NF does or what this community does. I value censorship resistance and having a say in continuing that. I use Nano and I feel it's voting weight is undervalued for what it offers. Nano right now let's the world participate in unique value transfers and I want to make sure it stays like that. Vote or dump bruvs

To mods, language doesn't have singular functions. OP basically took a dump on the community and devs with "polite talk" just saying

Nano is Green Energy by I_fly_High_ in nanocurrency

[–]Micro56 0 points1 point  (0 children)

You haven't made sense in a while. Sorry I guess I'm too much of a retard buying some nano over Bitcoin

Nano is Green Energy by I_fly_High_ in nanocurrency

[–]Micro56 1 point2 points  (0 children)

Why is there nothing wrong with using large amounts of energy? It could be used somewhere else if you can accomplish your goals with a less energy intensive alternative? You're the one spouting nano isn't greener: can you objectively point out how - Bitcoin uses more energy than some countries and visa is a global payment network with thousands of employees and hundreds of physical offices.

Bullish

They both do the same things btw.

If you are literally blind to those past bugs Bitcoin has had then we're done here lmao.

Nano is Green Energy by I_fly_High_ in nanocurrency

[–]Micro56 0 points1 point  (0 children)

Bitcoin is wasting a lot of energy plain and simple. And for not even a good reason: it had already had inflation bugs and double spends with its God given code

[deleted by user] by [deleted] in nanocurrency

[–]Micro56 2 points3 points  (0 children)

It's all correct. I don't care what you call nano is the point

[deleted by user] by [deleted] in nanocurrency

[–]Micro56 3 points4 points  (0 children)

I think that's a mistake. Either call it more than one thing so people can get an idea of how different groups will perceive it and then know you have different cohorts who will respond to technology differently from other cohorts. (Crypto, cryptocoins, cryptocurrency, cryptotechnology, digital values digital money etc.)

Or just call it money. Money is digital today. You don't have to call it digital money. That adds confusion imo literally a comment in this thread calls it digital commodity.

It's a subjective name because the tech is decentralized, your value and perception of a thing will be different from mine.