What'S the max tps and finality?

Question

Nano (XNO) Official English chat

Prof

What'S the max tps and finality?

#cryptocurrency #english #nano

0

16.01.2022

13 ответов

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Prof Автор вопроса

Johnathan
Finality is sub-second. Max TPS is hard to say, b...

How does it prevents spam ?

0

16.01.2022

Johnathan

Prof
How does it prevents spam ?

It's basically a prioritization system. Here's one relevant link to how it works: https://forum.nano.org/t/election-scheduler-and-prioritization-revamp/1837

0

16.01.2022

Prof Автор вопроса

Johnathan
It's basically a prioritization system. Here's one...

So it prioritizes accounts that are not spamming the network

0

16.01.2022

Johnathan

Prof
So it prioritizes accounts that are not spamming t...

I'm not sure how their implementation will handle against a massive coordinated attack, but it's been working perfectly for me and my customers. It's consistently been the fastest and most responsive transacting crypto, imo

0

16.01.2022

Prof Автор вопроса

Johnathan
I'm not sure how their implementation will handle ...

Thinking about the difference with HTR: they use pow for transactions to prevent spam and are also feeless and instant. Wondering how nano is safer and better to use

0

16.01.2022

Johnathan

Prof
Thinking about the difference with HTR: they use p...

That's the other crypto I was excited about using. But, ultimately, it doesn't provide any advantage on the transacting aspects of nano. However, for other use-cases, I guess Hathor would work too, and both could co-exist? But from a transactional point of view, nano is basically close to the ideal. Adding in pow aspect, nano smart-contracts, etc. Would be a compromise on the original idea for more use-case that is not the focus of a transacting crypto.

0

16.01.2022

Ddmn12_dp

Prof
How does it prevents spam ?

It prioritizes incoming transactions based on amount of nano and last transaction time. So if there is an overflow of transactions, the low amount spam hitting every second will be just discarded. This approach actually prevented the last spam attack happened last spring. Nano devs also implemented some extra options which allow every node owner set parameters in order to quickly react to any future spam issues. As I know the wallet creation uses POW to prevent such spam as well. Think of emails. You can send email to everyone for free and you are not bothered with spam too much. Moreover the v23 optimization increases the transaction throughput dramatically, so such spam atack will go through the nodes without any hassle.

0

17.01.2022

Prof Автор вопроса

Ddmn12_dp
It prioritizes incoming transactions based on amou...

So I'll just have to send more than what is considered low ammount to spam the network? What's the throughput that's able to deal with spam without even noticing it

0

17.01.2022

Prof Автор вопроса

Johnathan
That's the other crypto I was excited about using....

I have a question. Why would anyone choose to be paid in nano or any other crypto if it's volatile? Isn't a stable coin with feeless and speedy transactions even more interesting than this?

0

17.01.2022

Johnathan

Prof
I have a question. Why would anyone choose to be p...

If I paid people in any other crypto, there would be more overhead and eventual losses due to accumulation of fees. A stable coin that's feeless and fast doesn't exist. In fact, you're basically describing nano if it were backed and pegged to an underlying asset.

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17.01.2022

Ddmn12_dp

Not just amount is considered. The time between the current and the last transaction plays a big role too.

0

17.01.2022

Prof Автор вопроса

Ddmn12_dp
Not just amount is considered. The time between th...

How come? What is the parameter here?

0

17.01.2022