alt Hacker NewsYep, that's what I thought nano had done:
instant, fee's a fraction of a cent, I thought this was it, international payments that don't rely on visa/mastercard!
and then it just went no where :\
Replies
Nextgrid • yesterday at 4:48 PM
Because in practice services like TransferWise solved this problem using fiat currencies with fees low enough not to make it worth bothering with crypto.
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BLKNSLVR • today at 5:33 AM
Nano is pretty amazing, but, yeah, the interest is in profit not the technology, so it's fading into the background. Pity.
immibis • today at 9:57 AM
Almost every cryptocurrency starts out with low fees and then fees increase when it gets popular and runs into processing limits.
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Turns out nobody is actually interested in transacting with crypto otherwise Nano would have been a winner. I also love Banano, a Nano fork where you mine by folding proteins. Work that has actual value.