Post
Topic
Board Altcoin Discussion
Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin?
by
TPTB_need_war
on 21/12/2015, 01:14:02 UTC
2) Monero does support mass TXs and has a market based solution in place to allow the main chain blocksize to grow to accommodate them.

Are you referring to block chain compression or some variant of pruning?

Afaik, Monero can't handle very high TX/sec for the reasons which are same propagation versus orphan rates issues that plague Bitcoin if the block size is increased too much.

No I am referring to adaptive blocksize limits and a tail emission that allow for Monero to scale with technological change. This scaling is driven by a proper fee market that allows for the blocksize to grow provided that the proper price is paid. It is a close to unique and critical feature of Monero that has had very little attention even within the Monero community. To a large extent I am a lone wolf on this. Bitcoin does not have adaptive blocksize limits nor does have a tail emission, and will have serious issue when the emission is close to running out.

Ah yes again those are features I am aware of. I am getting sleepy.

That is an improvement over Bitcoin's fee structure.

But those features don't address the centralization of mining that is required to handle the propagation without causing issues with the orphan rate that make mining more profitable for well connected miners.

The hindrance with Bitcoin scaling is not just the fees to pay for larger blocks.

Also scaling block size doesn't do anything for achieving instant transactions (and I know you weren't claiming it does but I view scaling and instant transactions as related from a design perspective).