Post
Topic
Board Speculation (Altcoins)
Re: RaiBlocks Rebrand to Nano?
by
codewench
on 01/02/2018, 13:34:09 UTC
Why woud you not be interested in a coin thats completely decentralised, instant and completely free with transactions costs?

Completely decentralized? Nope! RaiBlocks/Nano maintains everyone's balance in the cloud. When you transact, this action is bounced up to the cloud allowing the cloud to adjudicate double spends.

The bad part: AFAIK, there is no security on the balance list. A node that just came online can't be sure it received the correct state.