Matt Odell
Matt Odell is the co-founder of CoinPrices, a site that delivers news and analysis on cryptocurrencies.
Matt Odell is the co-founder of CoinPrices, a site that delivers news and analysis on cryptocurrencies.
Nano is a cryptocurrency focused on fast transactions, no fees, and scalability.
All Nano reviews by expert Matt Odell.
The incentives seem broken. If Nano is successful, then the representative nodes are going to cost a lot of $$ to run, and they don't get paid. As a result, I think the network will remain centralized.
Full review2018-06-12
Nano representatives (nodes) [pay Nano's transaction costs]. Each transaction increases their operating costs. This should lead to greater centralization over time (Nano is already very centralized) since costs to run a representative node will continue to go up as more people use Nano.
Full review2018-04-30