When comparing Context vs NANO, the Slant community recommends Context for most people. In the question“What are the best Chrome add-ons?” Context is ranked 46th while NANO is ranked 60th. The most important reason people chose Context is:
You can turn the groups on/off so you can (just an example) have ones only for work and then after coming home you can turn on two other groups with shopping being the third one.
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Pros
Pro Allows for extension grouping
You can turn the groups on/off so you can (just an example) have ones only for work and then after coming home you can turn on two other groups with shopping being the third one.
Pro Feeless
Due to NANO's structure it requires 0 fees.
Pro Instant transactions
Instantaneous transactions. The fastest cryptocurrency in activity now.
Pro Does not require mining
Does not require mining
Pro Decentralized
NANO is provably decentralized.
Pro Best cryptocurrency for daily use
With instant, feeless and decentralized transactions, Nano is the most ethical and the best cryptocurrency for daily use.
Pro Deflationary
Forever limited number of Nanos .
Pro Very secure
In theory, in order to send a transaction you just need to notify the receiving wallet, making it fully P2P (Peer-to-Peer).
Pro Embeddable
Nano is easy to integrate with other platforms.
Pro Green
Nano is hypereefficient. The entire network could run on the output of a single wind turbine
Pro Great community
Pro Fairly distributed
Pro Inclusive, classless
Pro Great for developers
Nano is very easy to develop with. There also exist many libraries for a wide variety of programming languages.
Pro Easy to use
Easy to use. What bitcoin was meant to be.
Pro Easy adoption to every day business
Pro Not traceable because of speed
Nano is so fast that can't be tracked by anyone.
Pro SoV
It has 0 supply emission
Cons
Con Disables extensions
This does not hide/show extensions (to clean up the clutter if you have many extensions), it actually disables or enables them.
Con Traceable transactions
Not anonymous, but there is discussion to change this.
Con Lower/slow adoption
Perfect for peer to peer but lot of work to do to get business on board.
Con Strongly opposed by Bitcoin maximalists because it threatens Bitcoins existence
As an example, the censoring by moderators of the biggest cryptocurrency forum on Reddit /r/cryptocurrency.
Con Prone to hoarding
Many people might want to hold nano longer term as demand grows and supply is limited. However fortunately there are no direct financial rewards for holding nano as opposed to proof of stake currencies.
Con Lesser known compared to other alternatives - it doesn't have much presence outside of the crypto space
The Nano Foundation doesn't have a massive marketing budget. Nano does only one thing, and that one thing directly competes with Bitcoin. In the short term it's going to be very difficult for Nano.