Is NANO really the best crypto(currency) right now? As in pure currency, since it contains almost instant transcations speeds, has up to 7000 tx/s, no transaction fees, every wallet has a blockchain of its own and a very easy to set up a Node with the wallet meaning more decentralized network.
This puts it ahead of XRP in terms of decentralization, as well as XLM in tx/s and fee's. It basically should be able to replace Bitcoin since its better than it in every single way. Am I wrong? Are there downsides to NANO?
Arguments was there's no incentive to run a node on the NANO network but its very easy, simple and almost no cost to set up within the wallet.
It's promising for sure. All of its promises for scalability and instant transaction is very appealing. There was a reason why it was pumped as hard as it did, and it was because it's got promising technology that people and the markets demand at the moment.
Is it the best currency? I honestly don't think it's fair to compare coins with completely different agendas and aims and say which one is superior. But if a response is demanded, then it's probably a no.
I think there are more practical coins out there. This is all very thereotical, nobody is currently using it for actual commercial activity and probably not for quite a while. BTC, XMR are all more practical, even though they may not be technologically more advanced.