Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Febo
on 29/01/2018, 16:12:59 UTC
Doesn't sound like Bullet Proofs are coming in the next hardfork, having to wait until what.. September? Basically a life time in crypto.

With how much transaction sizes and fees being the hot topic in crypto currencys this is pretty big blow to Monero in what was looking to be a pretty positive Q1-Q2 for it.

Half year ago no one even know bulletproofs exist. It was just speed and good organization of research lab and Monero developers that was possible to add (not full version) of bulletproofs in March hardfork. Reason why it was not added was academical review. Something that most of other coins dont even bother doing it. Now bulletproof will be added without any pressure since will be plenty of time to do them perfectly.  Also March hardfork will be done with less pressure and on time what is important for developers that build infrastructure around Monero (like Ledher HW).

Monero transactions are not small, but by itself that is not a problem. They add to blockhain size. Yes that is not good, but in half year time blockchain size will not have a huge change because of no bulletproofs. Fees are currently not a problem. They would be if price suddenly goes up by 10 or more.  There are talks to try to reduce fees in March a bit.

One of good news of last devs meeting was that updated white paper will be available next month. I could be wrong but I think Monero actually never had one. It always related to the cryptonote white paper.  And white papers are definitely in lately with all craze about ICOs. As many pages of whitepaper you have that many millions you will gather. Tongue