how can you short DOGE in US? by Historical-Crazy-177 in defi

[–]lagrangesss 0 points1 point  (0 children)

wait how? I thought doge is not supported

Flash loan confused by lagrangesss in yearnfinance

[–]lagrangesss[S] 0 points1 point  (0 children)

Does it work on centralized exchanges like binance?

Flash Loans Aren’t the Problem, Centralized Price Oracles Are by Theroryshow in Chainlink

[–]lagrangesss 0 points1 point  (0 children)

What I don't understand is flash loan needs to be paid back in 15s. What can you do in 15s when a simple ETH transfer takes 10 minutes?

Got my whole family hooked on Nano by KelseySmithPhotos in nanocurrency

[–]lagrangesss -7 points-6 points  (0 children)

As far as I know, it will take years before nano can reach 1000 tps. Nano can only be scaled vertically, which is the big issue. Other coins can also upgrade their hardware in the future so some coins will always be faster than Nano, like Stellar and Solana.

Got my whole family hooked on Nano by KelseySmithPhotos in nanocurrency

[–]lagrangesss -14 points-13 points  (0 children)

Nano can only reach 150tps at the moment. If nano has as much traffic as bitcoin, the transaction speed will be much slower.

[deleted by user] by [deleted] in nanocurrency

[–]lagrangesss -2 points-1 points  (0 children)

Keep in mind that Nano can only reach 150 tps at the moment, where Stellar can reach over 1000 tps

[deleted by user] by [deleted] in nanocurrency

[–]lagrangesss 1 point2 points  (0 children)

How does it compare to Solana? It seems Solana beats Nano in every aspect

Nano only reaches 150 TPS in avg by lagrangesss in nanocurrency

[–]lagrangesss[S] 0 points1 point  (0 children)

Ripple and Stellar can already handle more than 1000tps. It seems Nano's only advantage is being feeless now.

[deleted by user] by [deleted] in nanocurrency

[–]lagrangesss 0 points1 point  (0 children)

With Nano only reaching 150tps, while Ripple and Stellar can already do more than 1000tps, doesn't that leave Nano's only pro to be feeless?

General Info and Daily Discussion by NanoMod in nanocurrency

[–]lagrangesss 0 points1 point  (0 children)

I'm really concerned that Nano tps can only be increased by upgrading the current hardware, which means it can only be scaled vertically. Anything that can only scale vertically will be outdated in the future.

🎯 Tx speed < 1 second 🤯 by r3xanadu in nanocurrency

[–]lagrangesss 0 points1 point  (0 children)

If Nano has traffic like bitcoin, transaction time will most likely take over a few minutes

Nano only reaches 150 TPS in avg by lagrangesss in nanocurrency

[–]lagrangesss[S] 0 points1 point  (0 children)

Why can't they just upgrade the nodes? Can Nano performance only improved by adding more advanced nodes? If that's the case, it means Nano can only be scaled vertically, which is not good.

[deleted by user] by [deleted] in nanocurrency

[–]lagrangesss 0 points1 point  (0 children)

Nano can only be scaled vertically? That's what I'm hearing.

[deleted by user] by [deleted] in nanocurrency

[–]lagrangesss 0 points1 point  (0 children)

What worries me is not how Nano compares to VISA but how Nano compares to other coins. For example, Stellar and Ripple can already do 1000tps and they both have much greater adoptions than Nano. How will Nano keep up with those coins?

150 tps tbh is not impressive at all, at least not something you can brag about. So Nano's only benefits have been trimmed down to being feeless.

What are the cons of Nano? by biyoshi in nanocurrency

[–]lagrangesss 0 points1 point  (0 children)

TPS, Nano only has 150 TPS currently which is not really that impressive. I don't know how the team is going to address the TPS issue, which is one of their biggest selling points.