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Any opinions on NANO here? (lemmybefree.net)

submitted 3 months ago by Electricd@lemmybefree.net to c/cryptocurrency@monero.town

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cross-posted from: https://lemmybefree.net/post/1059231

cross-posted from: https://lemmybefree.net/post/1021813

Wanting to learn a bit more about it and discuss with people to know what they think about it

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[–] Electricd@lemmybefree.net 1 points 3 months ago (1 children)

someone is running the blockchain at his own cost

That’s right. There’s no direct incentive to help the blockchain, unless you hold some coins, and in that case you do have an interest in doing it

very few people can do this

I would argue otherwise. This isn’t POW so costs are a lot lower, and people can ask for donations

[–] ArseneSpeculoos@monero.town 2 points 2 months ago (1 children)

Good point, as it's not POW it's much easier to do.

Do you have any stats on who is currently running the blockchain?

[–] Electricd@lemmybefree.net 1 points 2 months ago* (last edited 2 months ago)

I don’t unfortunately. Haven’t really checked out Nano this far.

Since there’s no POW, the only thing required is running nodes. They have to vote though, so that’s an added load, but I don’t think it is high. Most nodes shouldn’t have to vote by default anyway because they do not have a big % of the voting power

It seems like there aren’t many public nodes currently