- smaller blockchain size then BTC atm (I assume size is growing faster then BTC's, any estimations when this could happen?)
I assume you are talking about the total of BTC and XMR in circulation? They should be equal in 2040:
~snip
Also, note the supply rate will be similar from 2019 to 2027. You can read this very interesting reddit post to get more info: https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/
- smaller supply (is there any estimations when XMR will over come BTC's supply?)
But thanks for all the info. Also interesting link, thanks!Quote
@7jaka7, could you explain why you think the size of blockchain has an influence on the price?
Just for the reasons you mentioned, i.e. if blockchain would take 0,5TB (or more) of disk space I think there would be a lot less nodes which also makes whole blockchain less secure (or not?) and if some kind of attack would happen I believe price would decrease a lot. After all this is what give it it's true value.P.S. I assumed that XMR transactions takes up more space due to ring signatures. So if there would be same number of transactions on BTC and XMR blockchains Monero's would grow faster.
Thanks for the links @Samarkand
- smaller blockchain size then BTC atm (I assume size is growing faster then BTC's, any estimations when this could happen?)
~sniphttps://bitcoincryptocurrency.com/monero-xmr-bulletproofs/
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Just to conclude, theres no doubt Bulletproofs represents a vital advancement in Monero transactions. The 80% savings, faster verification times and reduced fees is a huge plus. If you are part of those waiting for it, be happy and keep checking!
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After the new rules, however, this figure will be slashed to as much as around 2.5kB in size for all single-output bulletproofs.
This is still a lot bigger then BTC transaction on average, which is around 0.4kB.