Replying to Avatar wymike

So I had a conversation with an IT guy today who is very bullish on Nano (https://nano.org/en).

According to him it’s unique ORV consensus mechanism means it doesn’t suffer from the same vulnerabilities as other PoS projects.

His criticisms of Bitcoin were the usuals - high energy usage, not scalable, centralised mining.

Can anyone who is familiar with both nano and BTC give me any talking points for next time we meet, I don’t think I fought my corner very well this time.

#asknostr #bitcoin

A big misdirect is that nano's design doesn't use proof of x directly to protect consensus directly the same way that bitcoin and other cryptos do, so it is hard to make direct comparisons.

It also means that if you try to make general arguments, it has a defense of "yeah but that doesn't apply to nano".

No one really has time to critique nano directly, it is not up in the market so it is not a threat to anyone. Also the community is not so open to exploring these criticisms honestly and figuring out how it might apply to nano.

So yeah. Hard to support a technology run and supported by people who are not intellectually honest.

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