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by 1ark 1974 days ago
Nano, and many other projects, have much better and efficient tech than BTC. The problem with most of them are the screwups in various proportions (premines, developer fee, foundations), and how they are developed.

BTC development is RFC based, and users approve by running own nodes, and miners have to comply in between. Until a project comes along which doesn't try to swindle its user base BTC will stay dominant.

1 comments

Nano users run their own nodes, but the main incentive for running a node is for service providers, developers and merchants.

There's no swindle in my view. As a user of the technology perhaps I'm biased. Although because I approached it from purely to solve a problem and not as an investment, I don't think I am as biased as others.

XRP would be a good example of a swindle surrounded by hype and marketing. Altcoins are rightfully scrutinized, but I think in the case of Nano there's unfair generalization without actual investigation into the technology.

What is popular isn't always the best technology.