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The original was posted on /r/nanocurrency by /u/tech32spn on 2024-03-01 14:26:59.
What is the benefit of having 30 decimals when the “real world” need for transferring such amounts is a big ZERO (even in the context of IoT)?
Why not having trillion of times bigger amounts of let’s say 0,0001XNO as a minimum and update the protocol when there is a true need for further decimals (let’s imagine in 5-10 years depending on success of the network and its value)?
Frankly, it looks so ridiculous and meaningless having these insignificant numbers roaming on all Nano explorers.
With haters being legions, we must expect more and more people wasting resources to spam the network, meaning a possibility of near-to non-stop spamming and zero need to display such info on explorers.
At the same time, could it be that a cap of minimum 0,0001 could reduce spamming? If the answer is even a very approximate “yes”, then we MUST do it to gain credibility and cut this permanent dust pollution.
If the mkt cap increases 10 fold or more, we’ll have much resources to make these decimals upgrade, don’t you think so? In the trade-off, we are currently losing credibility with the 30 decimals (and network clogged).
Who decided about the 30 decimals and why letting people use them ?