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Quote from: Hueristic on December 20, 2016, 12:50:33 AM

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No we don't, the ability to have and hold value without monitoring is an inalienable right afa I'm concerned and i think everyone should hold that belief.

I agree. In addition privacy and anonymity are needed in order to ensure fungibility in crypto currencies, and fungibility is is a necessary requirement of money. Then there is of course the adaptive blocksize in Monero which ensures that there is no arbitrary limit on the number of transactions per second.

People in this scene don't know how important and rare this is.

I have a question about adaptive blocksizes. What if Monero becomes truly successful and the active users reach 100,000,000. Will 50gb blocks be possible if transactions reach the touted Visa standard? If yes then how will the blockchain be maintainable?

Block 1206356 contains 10 transactions in 31655 bytes. That's 3165.5 bytes per transaction (there's different ratio in each block and I'm not sure about the mean. With CT the ratio will change, I suppose). 50GB per block are about 17 million transactions per block (510 million transactions per hour). At that rate a single 4TB HDD could store less then 3 hours of blocks. We can't keep that rate at decentralized manner currently.

RingCT transactions are larger, however more of the data is ultimately pruneable, so comparing the full RingCT transaction size with Bitcoin (which relies heavily on pruning for what scalability claims it makes at all) isn't correct.

Ah so scaling Monero is not a sure thing it will be a success afterall. I do not mean anything negative by it. I still support Monero as long as the developers stay on the path of research and that they are here for the grand experiment of cryptocoins.

I do not believe anyone has claimed a sure thing. These are all experiments.