Quote from: hoertest on December 14, 2017, 08:32:59 AM

Quote from: explorer on December 14, 2017, 08:14:33 AM

Quote from: hoertest on December 14, 2017, 06:54:48 AM

is there any write up about tx fees in monero and the mentality towards fees by the monero team? thanks

i mean is this statement representative for the dev team:

"Note that to support "microtransactions", Bitcoin and Monero are likely to support systems like the "Lightning network" in order to radically reduce the cost of small payments in the future. "

from here:
https://www.monero.how/monero-transaction-fees

This explains how it all works, if that would help.

https://getmonero.org/2017/12/11/A-note-on-fees.html

thank you, i'll try my way through it.

no dev here. So L2 and L3 is mandatory to scale globally. do i understand this right?

just say it happens and monero becomes global currency No1. it will scale with lightning maintaining those tx anonymous with tumblebit. theoreticaly all tx can happen outside of mainchain anonymously. doesn't that make moneros on chain anonymity obsolete at that point in time and by so every other coin that uses tumblebit hubs for most tx just as anonymous.

And when will this L2 L3 solution be available?

Crypto is far from being Nr.1 global currency. Monero have 2% of bitcoin transactions. Monero have way biggest problems then thinking now of being Nr.1 global currency. Considering last 3 years, Monero will need like 3-5 years to catch Bitcoins current number of transactions. Bulletproofs should help us to get there with not to huge blockchain. But also other innovations will be needed till then and I am sure we will get them. Thinking to much of something that might or not might happen in 10+ years is a bit waste of time.