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donutloop

1,128 karma · joined January 5, 2018

Github: https://github.com/donutloop

YouTube: https://youtube.com/@donutloop

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donutloop··on Bitcoin vs. Nano
Please create a quote from the website
donutloop··on Bitcoin vs. Nano
Please add a ref to this airdrop function.
donutloop··on Bitcoin vs. Nano
Bitcoin has so far only one use case holding it. It is to expensive to buy some small things with it, can't really scale without suffering high transaction price changes and depends on all miners. Bitcoin wanted from the begin revolutionize the money world didn't happened so far. Now everyone says it will replace gold. Just false promises.
donutloop··on Bitcoin vs. Nano
I don't want to pay pretty high fees for each transaction.
donutloop··on Bitcoin vs. Nano
Eco friendly, feeless, ultra fast, limited coin supply
donutloop··on Bitcoin vs. Nano
"Bitcoin Average Transaction Fee is at a current level of 17.08, up from 8.904 yesterday and up from 0.5638 one year ago. This is a change of 91.79% from yesterday and 2.93K% from one year ago."

As normal user i don't want to pay so much money for a single transaction it will never replace money with such high transaction cost.

donutloop··on Bitcoin vs. Nano
it is not looking like a scam. I added references to all important documents.
donutloop··on Bitcoin vs. Nano
Bitcoins transaction cost are ridiculous high again

https://ycharts.com/indicators/bitcoin_average_transaction_f....

donutloop··on Bitcoin vs. Nano
Bitcoin wanted to replace money not gold so they didn't delivered as promised.
donutloop··on Bitcoin vs. Nano
> The Nano foundation got 7M/133M = 5% of the initial coins for a "developer found". Did they spend/distribute all of it or it is still saved?

> Miners will get 2.4M/21.0M, that is a 11% inflation. And they have to spend most of it in the mining. Just call this 11% a developer found, and the difference is not so much.

I don't understand your point please elaborate more on your point, thanks!

donutloop··on Bitcoin vs. Nano
> It's very easy to fix. Just increase the maximum block size. There is a fork that does that and a fork that use smaller transactions in a secondary chain.

A fork is not a feasible solution who knows if this fork get's ever merged into the master branch of bitcoin

donutloop··on Bitcoin vs. Nano
> I still don't understand how is Nano protected of double spending without PoW or PoS or centralization.

Attack-vectors: https://docs.nano.org/protocol-design/attack-vectors/

donutloop··on Bitcoin vs. Nano
https://nanocrawler.cc/network
donutloop··on Bitcoin vs. Nano
https://nanocrawler.cc/status
donutloop··on Bitcoin vs. Nano
Whitepaper: https://content.nano.org/whitepaper/Nano_Whitepaper_en.pdf
donutloop··on Bitcoin vs. Nano
"The consensus mechanism, called Open Representative Voting (ORV), also provides useful differentiation from other networks. Consensus is reached through representatives voting on the validity of individual blocks shared on the network. The voting weight for each representative is assigned to them by the account owners and is in proportion to the Nano in those accounts. Account owners can still use funds without restrictions as no staking is involved and the representatives have no control over funds, they just get voting rights from them."

ref: https://nano.org/

donutloop··on Bitcoin vs. Nano
"Eco-friendly As the world continues efforts to reduce pollution and energy consumption, many digital money networks have resorted to wasteful designs to secure their networks. Nano is smartly designed to address this issue by not relying on power-hungry mining for security, but instead uses a lightweight and efficient consensus protocol called Open Representative Voting (ORV) for minimal energy usage."

ref: https://nano.org/

donutloop··on Bitcoin vs. Nano
Reddit channel has 59,940 Members by today(https://www.reddit.com/r/nanocurrency/)
donutloop··on Bitcoin vs. Nano
Nano white paper: https://content.nano.org/whitepaper/Nano_Whitepaper_en.pdf
donutloop··on Bitcoin vs. Nano
"Abstract—Recently, high demand and limited scalability have increased the average transaction times and fees in popular cryptocurrencies, yielding an unsatisfactory experience. Here we introduce Nano, a cryptocurrency with a novel block-lattice architecture where each account has its own blockchain, delivering near instantaneous transaction speed and unlimited scalability. Each user has their own blockchain, allowing them to update it asynchronously to the rest of the network, resulting in fast transactions with minimal overhead. Transactions keep track of account balances rather than transaction amounts, allowing aggressive database pruning without compromising security. To date, the Nano network has processed 4.2 million transactions with an unpruned ledger size of only 1.7GB. Nano’s feeless, split-second transactions make it the premier cryptocurrency for consumer transactions"
donutloop··on Bitcoin vs. Nano
The project has 2800 stars on Github and many redditors are talking about it.

https://github.com/nanocurrency/nano-node

donutloop··on Show HN: What Bitcoin Meant to Be
Website: https://nano.org/
donutloop··on Show HN: What Bitcoin Meant to Be
Best of all it isn't just a Bitcoin fork
donutloop··on Chinese woman says malicious gossip forced her out of job
https://www.reddit.com/r/AskHR/comments/kphqzz/ger_mallious_...
donutloop··on Show HN: Global tech job search engine, the easy way
We deployed a new version. Your problem you should be fixed.

https://www.goopensource.dev/companies/scala

donutloop··on Xrdesktop: Linux desktop environments In VR (Sponsored by valve)
News post:

https://www.collabora.com/news-and-blog/news-and-events/movi...

donutloop··on Chime – A Go Editor for macOS
Follow conversation on reddit

https://www.reddit.com/r/golang/comments/ekdbiy/chime_a_go_e...

The creator of this editor contributed some comments to this post.

donutloop··on Open source at companies get newly published repositories by companies every day
Alpha version 0.2

Are you actively looking for an awesome opensource project which is maintained by a company like Microsoft, Google, Apple, Facebook, and co and is at the beginning of an engineering phase or just looking for newly published open-source projects by companies to keep up to date with new frameworks, tools, etc?

Any feedback is welcome!

donutloop··on Hermit Crab Bubble Sort
This one is a good one! I really thought I gonna see a new bubble sort variation.
donutloop··on Show HN: Open source at companies (Alpha version)
My web app is offering an update for newly published opensource by companies additionally it's a good place to find a company where you want to work in the future because they have a lot of cool open-source projects to offer. It's very hard to figure out what companies have been published for certain technologies like new programming languages or configurations languages, for example, it took quite a long time to see the benefits of "Golang" in usage. Actually most of these companies are not listed anywhere on famous platforms like LinkedIn. This is a very earlier phase of this app and I want to publish a lot of new features that everyone is capable of understanding the benefits of this app.

I will be very happy if you could provide some feedback about this app :)

Thank you for your support!

Best regards, Donutloop

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