NanoFrens Assemble!!!!!!

You are pathetic, bro. I will admit, this is some high level fud, reverse shilling. But you cannot stop the inevitable.

OOOOOOOOOOOOO

IOTA has always been a transparent scam. A fact available to anyone who has done basic DD on the history of the project.
Writing a paper about them is cringe.

Ever hear the story about the owl and the squirrel?

The squirrel works all summer storing away stuff for the winter; all kinds of nuts and seeds. Works real hard. Then one day, just before the first snow, he goes outside for one last look around, when all of a sudden this owl swoops down and grabs him, carries him off. [looks up] 'Ah, what a shame' says the squirrel 'what's going to happen to all that good food?'

NANO has no purpose anymore.

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Loopring can't and won't be free forever, as mentioned by the dev team. Not to mention gas fees for using the ETH network, which will only increase.

There are no gas fees using layer 2. And it doesn't matter if it's not free forever, even though it probably will be. The fees would never go above a penny. This is a decentralized PayPal on ethereum.

The dev team admitted itself this was only for promotion purposes and that they are covering the costs, and that it won't be free forever.

I admit it is a cool project, similar to lightning network, but it has its own pros and cons, such as depending on ETH and being a layer 2 solution.

the fuck you on about? lmao.

>> decentralized paypal

Last time I bought into this meme I got REQT

>fees
Stopped reading there. Being fee-less will become the standard for crypto. If you're not fee-less or bitcoin you won't matter, no one will use your digital currency. (Maybe except Monero, even then Monero might change it's data structure to a dag or nano might implement the CryptoNote protocol.) Also ethereum is a centralized cult.

Not sure if dags can be anonymous like Monero due to the unique structure. XMR is here to stay. Bullish on NANO as digital decentralized cash, ETH as smart computing (if it scales, if not ADA all the way), XMR for privacy, BTC as store of value/hedge against inflation, and LINK for decentralized/medianized API/data transfers.

I just worry that we are building the beast.

They can be tumbled tho, which is somewhat similar, and due to the free/instant transfer system can be tumbled quite effectively.

>Not sure if dags can be anonymous like Monero due to the unique structure.
Dags can be anonymous.
>XMR is here to stay.
For now.
>ETH as smart computing (if it scales, if not ADA all the way),
Ethereum is nothing more than a centralized cult, according to Nick Szabo.
>LINK
Kek, I can't believe anyone still believes in that scam.
The only relevant crypto will be, Bitcoin, Monero, and Nano.

Then you should realize that NANO isn't feeless. You are paying with PoW.

You guys don't realize how neglible the cost to run loopring is. Hundreds of thousands of off chain transactions only require one on chain. If they stopped paying fees then it would only cost users $0.00006 per transaction. And since there will be competition, I expect them to pay transfer fees for a long long time, if not forever (even though they said otherwise). They will earn revenue from the loopring exchange.

And this is not like the overcomplicated lightning network. It's dead simple to use.

>Loopring
Another ERC20 scam.

Why do you think Loopring will be free forever, when the dev team themselves said it won't be? Don't get me wrong, it is a cool project, but it isn't the same as NANO.

The PoW for NANO isn't much at all either. With that logic, you may as well consider sending a text message to have a cost, because it uses a bit of battery/electricity to do so.

As I said, competition. Anyone can make a zk-rollup layer 2 chain and there will be lots of projects popping up claiming zero fees forever. These costs are so small that I expect loopring to be competitive and pay the fees forever. If not, then another project will be feeless forever. After all, it's about the tech, not the specific project.

The PoW prevents DDoS so it could increase drastically with adoption.

Very true, but how does Loopring prevent DDoS then? I read on their website that this is why they will enact fees once the promotion is over.