Post
Topic
Board Altcoin Discussion
Re: The impact of bad crypto (DASH, SDC, etc). How much does math matter?
by
AlexGR
on 24/04/2016, 07:19:34 UTC
Now that you quoted the entire post, does it change the fact that he says MONERO IS A BROKEN DESIGN?

Not quite. I said Bitcoin is broken and both can't scale to million tx/s.

I thought you were referring specifically to the bloat issue that affects monero's scaling way more than bitcoin since bitcoin doesn't suffer from the same problem.

Regarding Monero's anonymity, do you stand by the statement you've expressed below in the past (regarding broken anonymity due to metadata correlation)?

Cryptonote was created by anonymous people. Even Monero's cryptographer is anonymous. Who created this anonymity that is easily broken by meta-data. I don't know if that is circumspect or just the way the world turns.

As for scaling... well scaling is a complex equation involving time, technology available, proper use of the available technology and the ratio of centralization/decentralization that is "acceptable" at any given moment.

We could say that everything can scale (if...) or everything can't scale (if....), or everything can scale in (x time), or under (z circumstances).... etc etc. The good thing with scaling is that unlike hardware and software progress, human tx needs are finite and thus the two trajectories (of increased tech progress vs finite human tx needs) will meet. If we currently, as a species, say, need 100k tx per second, there is a point where this will be feasible. And as time progresses we will be able to handle a million, ten millions, etc etc. But tx needs will still remain in a pattern of relative stability - slow growth.