Isn't there also a potential problem for monero with all the mixin 0 inputs rolling around (
http://moneroblocks.eu/stats). Yes, that will be resolved when the mandatory 2 (or 3) mixin min is set and the transactions have time to build various units of inputs but for the time being, it can be a struggle to find suitable inputs for larger sums. Or am I missing something? Then again, there's nothing to prevent someone from sending higher mixins with lower tx values (more common inputs) to multiple wallets under their control in the meantime before consolidating into one final wallet. *shrug*
Yes yes and yes. When considering this, concentration of money supply matters a WHOLE lot. Which is why bytecoin is a nogo and makes drk launch a little more painful.
*BUT, that other currency doesn't have the early adopters attaching ID to server company connection, which i see as the big one.
Anonymous does not mean "untraceable".It means that a blockchain address is not associated with a legal (individual or corporate) entity in the way a bank account is.
You make up jibber jabber and pass it off as fact...
"Anonymous is the adjective form of anonymity, the state of an individual's personal identity, or personally identifiable information, being publicly unknown."
source:
https://en.wikipedia.org/wiki/AnonymousThen you go on to jabber about your ideas about currency, none of the rules or principles you state does that other currency, whose name I have not mentioned, violate in any way.
What do people do when they make an exchange deposit and their cash doesn't turn up in 10 minutes ? They go onto blockchain and check"
Verification of transaction is easily possible witht this other currency you keep comparing yourself to. Just dont enter the wrong address dummy.
I'm sorry, but if anyone thinks that users of crypto are going to accept anything less than utter transparency before they endow an unbacked monetary system with value then they are deluded to the point of disneyland.
It's called fungibility. And your ideal currency requires it as law. And your transparent part of block chain that you hold so dear violates this principle, and makes switching to the non-transparent part of the blockchain an offense, accounts frozen, etc, happening now with btc. Fucking look up "fungible". Your "ideal" currency is not fact, is confusing, and seems to just suit your needs rather than make any sense. If you want to talk about crypto in terms of legitimate currency, then use largely accepted conecepts to back your arguments, not just your day dream bs, which you seem to be the only one talking about, and on top of that passing it off as fact.