NANO quadrupled Bitcoin! Scaling is one of the biggest problems in the cryptocurrency industry today.. But NANO seems to have overcome this problem.
NANO has quadrupled Bitcoin in daily transaction!
The scaling issue remains a major issue for today’s cryptocurrency industry. Especially for Bitcoin. Although the block size of 1 MB, which Satoshi Nakamoto added to the algorithm as a security measure when creating BTC, can be increased to 1.3 MB with Segwit and Lightning technologies, this point is a success. not accepted as. In extreme cases, although Bitcoin can go up to 10 transactions per second with these technologies, the average number of transactions is between 4-5.
Related news: Bitcoin Lightning Network capacity has already reached 1,000 BTC
Looking at altcoins, it can be said that they are in a much better position than Bitcoin in terms of scaling. Even Nano, the 49 ranked and often overlooked coin on CoinMarketCap, has 4 to scale Bitcoin.
Stress test was performed on Nano network recently. The purpose of the test was to test the daily transaction limit of the Nano Blockchain.. The test results turned out to be quite interesting.
In the test, Nano’s daily transaction capacity exceeded 1.7 million, while Bitcoin remained at 470,000.
The results of the test were shared frequently on social news sites such as Reddit.. And it has been proven that the Nano network can easily handle this load, instead of falling apart even under great stress.. However, this does not mean that people will be interested in Nano.. Because in today’s world, quality and marketing are carried out together.. No matter how high quality your product is, if you do not have an effective advertising policy, you will not be able to achieve sufficient growth and survive in the global market.
Related news: What is a Nano Coin (XRB)? Detailed Nano Coin guide!
Continue to follow us for breaking news and striking reviews from the cryptocurrency industry.. I end my article with the hope that 2020 will be a year full of peace and tranquility, especially for our beautiful country Turkey and the whole world.. Stay well.