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by geeostation 3004 days ago
Hopefully they'll get to alternative tech such as DAGs like the block lattice of Nano or Tangle of Iota.

Nano in particular could use a fiat ramp as the first and only crypto to be instant and feeless. Nano could be the one that takes cryptos mainstream - which is Coinbase's mission statement as well

3 comments

DAG-only chains are very experimental and have unresolved game theoretic vulnerabilities.

IOTA resolves it for now with a centralized coordinator while Nano seems to just be counting on no one attempting to exploit its vulnerabilities until its developers come up with a solution.

They are not ready for major commercial use and there's no guarantee they ever will be.

If a DAG-only protocol can be shown to be secure, it could be a major breakthrough for distributed ledger scalability.

> Nano ... as the first and only crypto to be instant and feeless.

Nano, the perpetuum mobile of the Crypto world.

They will if there's volume.