General Measures

Money history, economics, tech disruption, law, governance, finance, cryptography - all this just to obtain the forbidden cronut burger with not-fiat.

[General Measures @GenMeasures]

@MKjrstad @atxmj @Ghostbanned7 @deadalnix Transaction finality has been sub 1 second for at least 4 years. https://t.co/ubEzBWExZ7

[General Measures @GenMeasures]

@Z4CHx @MartyBent The fast finality is solely due to its voting based consensus model (ORV) https://t.co/3uk1fdRwe7
Yes, it might be slightly slower (2sec vs <1 sec) if the weight was better distributed, but it’s Nakamoto Coefficient is currently 4 & slowly improving https://t.co/T1cxFa7BeS

[Colin LeMahieu @ColinLeMahieu]

Nano’s optimal confirmation time is limited only by internet latency.

[Eric Voskuil @evoskuil]

How is it that permissionless has become permission-seeking, self-custody has become banking, and human liberty has taken a big back seat to bag maximalizers? Could it be that we’ve lost the plot?

[Eric Voskuil @evoskuil]

It's almost as if proponents of the energy nonsense seem to think that giving the money "intrinsic value" might help people understand it.

[Eric Voskuil @evoskuil]

@KLoaec @BtcAndres @JoeNakamoto Disk space is the cheapest computing resource. There is no good reason to be concerned about linear chain growth.

[MJ @atxmj]

1/17

How #Nano🇽's "natural" incentives model solves the centralization problem observable in #Bitcoin #BTC and other rewarded PoW and PoS cryptocurrencies

#Nano🇽 #XNO🇽

🧵👇

[Colin LeMahieu @ColinLeMahieu]

It’s looking like parasitic data is going to be permanent problem going forward. Nano isn’t immune but this issue was considered early in design and a large degree of mitigation in place. More is planned. https://t.co/FAqSxkt8Qw

[Colin LeMahieu @ColinLeMahieu]

Yes they can, this is the fatal flaw in the transaction fee game theory: maximum profit happens at high congestion, not with high quality of service.

[Colin LeMahieu @ColinLeMahieu]

7 years ago today nano became a live network. Since then, over 46 billion dollars have been processed through nano without a single fee being paid.

[Michael Crupto @michaelcrupto]

#LightningNetWork thread.

LN has fees. If someone tells you it's free, they're either lying to you or they're paying the fees for you and not telling you, which is a huge red flag. A common tactic of SV VC's to "disrupt" a currently thriving ecosystem is to drive prices..

[Nano @nano]

✨SAY HELLO TO XNO ✨

We are so proud to release our new currency symbol Ӿ and new ticker for nano.... $XNO !

Read all about the what, why & how here: https://t.co/21b2UwCUxb

https://t.co/bae5ypEHiN

#digitalmoney #currency $XNO #Ӿ #globalcurrency

[General Measures @GenMeasures]

Introducing the new @nano currency symbol: Ӿ https://t.co/hDGaM1YU20

[Digiconomist @DigiEconomist]

*except those that cannot afford $60 transaction fees

[General Measures @GenMeasures]

@TheStalwart @MylesUdland Often think about this when I’m thinking about BTC.

[Alvin Foo @alvinfoo]

Electric trucks being recharged at St Pancras Station 1917.

[General Measures @GenMeasures]

@michaelcrupto

[General Measures @GenMeasures]

@Irrelephantoops @keywordcrypto @bananocoin I just love how Banano is being talked about in its ability to engage students and promoting positive behaviour by a teacher

[General Measures @GenMeasures]

He’ll eventually get there.

[Elon Musk @elonmusk]

@loshan1212 @itsALLrisky For those bad at math 👆, 100X higher transaction volume with 100X lower fees means total fees earned stay same. Low fees & high volume are needed to become currency of Earth.

[General Measures @GenMeasures]

After ~48hrs the majority of voting weight on the $Nano network is on V22, including mine at https://t.co/qs8Qkv95gW. All of this new weight is manually upgraded as the “latest” Docker tag was removed. This is a very active and engaged community of principle representative nodes.