Bitcoin Forum
April 25, 2024, 05:45:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What is unique about RaiBlocks (NANO)?  (Read 105 times)
JuniAiko (OP)
Member
**
Offline Offline

Activity: 126
Merit: 10

DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh


View Profile WWW
March 01, 2018, 04:20:12 PM
 #1

Nano/RaiBlocks is unique not just because of its current speed and zero transaction fees is that it is infinitely scalable (limited only by internet speed).

Its advantage is that even though presently other low MCAP altcoins may have low transaction fees and fast speed too (considering their low volume atm); they will likely struggle once they have to handle the number of transactions that BTC and ETH does.

The architecture of Nano on the other overcomes this issue altogether (while coins like BCash and Litecoin merely delays the issue until a particular "LIMIT" is reached) -- Maintaining its transaction speed and zero fees even as more people starts using it.

Furthermore, coins with mining-reliance, IMO, are not environmentally sustainable in the far longer term, if it is to be eventually adopted by a large portion of the world population, etc.

[|NEO|ONT|XLM|WAN|ADA|ELA|VEN|EOS|NCASH|TRX|IOTA|>
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!