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Joined 8 months ago
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Cake day: October 24th, 2023

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  • Nano has alwas has a computational part associated with transactions. It once was used to prioritize transactions. Nano has evolved to a different prioritization scheme. That computational part will be phased out.
    The lightning network is a silly attempt to merge bad parts of cryptocurrencies with bad parts of traditional finance: you need the electric energy guzzling Bitcoin and middlemen just like in traditional finance - or would you care to open and close your own channels, pay watchtowers etc. or “simply” use the channels of middlemen?
    And how would you have cheap transactions without those middlemen, if operating your own channels requires transactions on layer 1?