Comparing Nano and Iota is not fair, there are a lot of things that most people miss:
- Iota still centralized, remember that when the offical wallet got hacked, Iota foundations turned off the cordinator and the network was shut down for 2 weeks, Nano is decentralized since its launch. Also the coordicide was suposed to launch in early 2020, https://blockcast.cc/news/iota-wants-to-ditch-its-most-centralized-component-but-the-timeline-is-still-murky/.
Cardano is promising smart contracts since its launch, Blockstream said in 2017 that Lightning network would be ready in 18 months, take a lesson, never believe in promises of developers.
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About the article saying that Iota is 10x more energy efficient than Nano, it was in a testnet, not in the real world, also Nano already consumes little energy, so even if Iota can be 10x more efficient than Nano in the real world, this difference is not relevant.
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Iota to get rid of PoW, will implement a Mana to avoid spam, basically the Iota that is your wallet will generate Mana (like staking), and you will use Mana to do transactions, this is kind of a fee, so users will be limited of how much transactions they can do based of how much coins they have, also you need to have a minimum balance of 1 Miota ($2), Nano is more acessible, no minimum balance and no Mana system.
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This is more of a future concern instead of a problem: what will happen when Iota becomes decentralized? It wil be secure? Nobody knows, while Nano has proven that is secure, almost 6 years without double spends, 51% attacks or any security fail.
I'm not shitting on Iota, but people need to understand that Iota makes tradeoffs compared to Nano, Iota is giving up decentralization and security to gain higher scalability, and this is okay, since it is focused on IoT, on IoT the only concern is scalability, you do not need to worry much about your $1 that is being transacted to a machine.
Nano gives up a bit of scalability to gain decentralization and security, i am sure that i can send $10 millions of Nano to any person, and that it will be safe and a malicious entity can not shut down the network by attacking a single node.
Think Nano as being the new Bitcoin, and Iota being the new Ethereum, both targets different markets, they do not compete with each other, a semi truck can not do the same job as a sport car.
Edit: seems like they want to remove the 1 Miota minimum balance in the future, lets see.
Do your worst!
For context I'm a Refuse Driver (Garbage man) & today I was on food waste. After I'd tipped I was checking the wagon for any defects when I spotted a lone pea balanced on the lifts.
I said "hey look, an escaPEA"
No one near me but it didn't half make me laugh for a good hour or so!
Edit: I can't believe how much this has blown up. Thank you everyone I've had a blast reading through the replies 😂
It really does, I swear!
They’re on standbi
Pilot on me!!
Dad jokes are supposed to be jokes you can tell a kid and they will understand it and find it funny.
This sub is mostly just NSFW puns now.
If it needs a NSFW tag it's not a dad joke. There should just be a NSFW puns subreddit for that.
Edit* I'm not replying any longer and turning off notifications but to all those that say "no one cares", there sure are a lot of you arguing about it. Maybe I'm wrong but you people don't need to be rude about it. If you really don't care, don't comment.
Buenosdillas
What did 0 say to 8 ?
" Nice Belt "
So What did 3 say to 8 ?
" Hey, you two stop making out "
When I got home, they were still there.
I won't be doing that today!
You take away their little brooms
This morning, my 4 year old daughter.
Daughter: I'm hungry
Me: nerves building, smile widening
Me: Hi hungry, I'm dad.
She had no idea what was going on but I finally did it.
Thank you all for listening.
There hasn't been a post all year!
It’s pronounced “Noel.”
After all his first name is No-vac
What, then, is Chinese rap?
Edit:
Notable mentions from the comments:
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Spanish/Swedish/Swiss/Serbian hits
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French/Finnish art
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Country/Canadian rap
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Chinese/Country/Canadian rock
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Turkish/Tunisian/Taiwanese rap
There hasn't been a single post this year!
(Happy 2022 from New Zealand)
Nothing, it just waved
Bob
So that I could frequently say, "I am going to walk 5 miles now."
Edit: My most popular post on Reddit! 😀 Thank you for the awards.
Just to clarify, 12345678
Me grabbing a soda from my (what I thought was) half full 12pk...
Notices there's only 2;
Me: "Awe man... This is a damn bird box!" Her: "What the hell does that mean?!" Me: (Pulls both cans out & shows them to her) "It's only got Toucans."
I'm not ashamed to admit the look on her face was glorious.
I was just sitting there doing nothing.
“BOOM”?!
