Quote from: MasterMined710 on February 25, 2017, 11:07:46 PM

Yeah that's totally gonna scale, not. Problem is you can't really prove anything for sure. For example, that would be a nightmare for people or businesses that want to use a single address, like a laminated QR code etc. The only solution is to generate a new monero address for every transaction. That would work and fix the trust issue but the whole scheme does not scale.

That is why tok keeps preaching about the value of transparent blockchain tech like btc and Dash, it scales.

Quote from: dnaleor on February 25, 2017, 11:15:12 PM

For proving a transaction as a sender, it can be done on a per transaction basis. You only need your tx private key, the transaction id and the address you've sent the coins to.

For the receiver, you indeed need your viewkey which shows all your incoming transactions, but work is being done to create disposable addresses. This will enable users to have a unique address for every service/person/website/... they interact with.

edit: and as I said, you usually will force the sender to prove he has sent the transaction. So I don't see any privacy problem.

edit:

Quote

Yeah that's totally gonna scale, not. Problem is you can't really prove anything for sure.

I don't see your problem with "scaling". The sender can always prove he sent the transaction.

Glad to see a solution is being worked on. It does not scale in that it is a PITA and you can't quickly and easily check the blockchain like with btc and DASH.
I don't see a privacy problem either, i see a trust problem...

Quote from: dEBRUYNE on October 30, 2016, 09:24:31 AM

Quote from: MasterMined710 on October 29, 2016, 02:16:14 AM

Thanks guys, that's better than i thought it was.

"It doesn't prove you sent the amount, but it does prove that amount was sent (and received). Luigi Oct 3 at 18:46"

So i guess it doesn't show the address it came from just that the amount was sent from someone to the address? The easy solution would be to generate a new address for each transaction.

Not as easy as having a public blockchain anyone could quickly verify but a good solution nonetheless.

I'll ask my other questions when i have more time. Thanks again.

You're welcome and that's correct.

Context:
https://bitcointalk.org/index.php?topic=583449.msg16728080#msg16728080

P.S. We are way off topic at this point. I love Dash, that's better Grin