Thread by @StephenStonberg

1/ Up next in #cryptothoughts, in which I take a closer look at some of the projects in the crypto/blockchain space that have me beyond excited, is @nano. I've been wanting to cover #nano for a while now, as this project truly embodies what the #crypto & #blockchain ethos is all

2/ about. One of the fastest-rising crypto-assets throughout the broader ecosystem, #nano takes the problem of sending money in a cheap, quick, & secure way & flips the concept on its head. With zero fees (I repeat, ZERO fees), Nano is infinitely cheaper to transact with than

3/ other crypto-assets, let alone the price gouging traditional wiring services. And on top of that, transactions are completed faster than two people sending messages over WhatsApp. And my favorite part, there is absolutely no incentive to move towards a centralized model. Is

4/ this scalable? Absolutely. Transactions per second should only increase as Nano's underlying technology continues to evolve. And with a hard cap of 133 million $NANO in circulation, investors should feel comfortable with the knowledge that this is a deflationary asset. And

5/ for all the negative (& at times, unfair) press surrounding crypto's energy consumption, #nano is one of the most energy-efficient assets in the space, with a very small carbon footprint relative to some of the other projects in the space. And with a higher #Nakamoto

6/ coefficient than either #Bitcoin or #Ethereum, any sort of 51% attack on the Nano network would be extremely difficult (& costly) to pull off. And lastly, @nano recently announced that Skill Factory Africa, an online learning platform that empowers young professionals with

7/ employment & entrepreneurial skills now accepts $NANO as a payment for their popular digital courses. A very big achievement that the entire team should be very proud of. Be sure to let me know why you're excited about this project.

#NANO $NANO