AMP VS NANO
Currently have positions in AMP, zero in NANO.
This is a genuine question as they're both seemingly very similar. Or could somebody clear that up?
Just wondering how/why AMP ever succeeds when NANO already exists and seems much more widely popular?
Posted Feb 17, 2021, 7:14 PM UTC
Honestly don't know much about Nano so anyone can correct me if I'm wrong, but Nano is moreso focused on being a lightweight cryptocurrency that is used directly for payments. In a (Nano) perfect world, everyone would accept Nano and be able to receive Nano.
Where Flexa shines is in its interoperability between various cryptocurrencies and fiat. With Flexa, you can theoretically send/receive payment in any crypto or fiat. That's not to say Nano isn't a great project, I simply don't see it as a direct competitor.