Post
Topic
Board Altcoin Discussion
Re: Unveiling the truth over the major Monero scam
by
generalizethis
on 01/11/2015, 12:00:34 UTC
TanteStefana2, it is pretty well explained in many places that isn't true. Any coin that employs mixing wlll have essentially the same bloat (linear factor expansion of transaction count and/or size), except that the base transaction size in Monero is much smaller than in Bitcoin, so even after applying the relevant multiple, the size may still be smaller. DarkSend specifically suffers from the same bloat as Monero, or worse, in terms of using standardized output denomination sizes (some other coinjoin-based systems don't do this and have other problems).

Dash hasfewer/smaller transactions (by smaller I mean making paying fewer payees) on its chain, and many, many fewer using DarkSend (the latter is probably the bigger factor). That is the only reason it's chain is smaller. There is no fundamental technological difference at work.

With Dash it's a choice, that choice has kept our blockchain smaller.

I don't see how a smaller blockchain is any benefit at all if it comes from less use rather than a technological advantage. That would make Truckcoin a great coin.

Dash chain can be used to do other things than Darksend transactions. For example transparent transactions. That counts as use as well, no?

The question is why does dash use the inferior privacy of darksend at all? But to answer your question, no digital cash (cash being the important distinction being made) will work without privacy because privacy must happen for a coin to be fungible (excluding quantum money which works by alerting the user through quantum interaction that their money has been "viewed" by someone other than the sender and the recipient). So if dash wants to claim to be digital cash, the first thing they should be doing is making privacy happen at the protocol level. If it can't do that (or isn't quantum money), then dash isn't cash.

No, that wasn't the question.

Was editing as you responded--reread.