Quote from: BlackHatCoiner on Today at 02:05:51 PM

Quote from: MeGold666 on Today at 01:52:59 PM

We're here discussing the future and the sustainability model of Bitcoin which I think is broken and if nothing changes then after two more halvings Bitcoin project will be totally unsustainable.

Since you're sure about the future, answer me the following question: how can Monero scale? Verification is very computationally expensive, and will only get worse overtime. And the funny part: it is used much less than Bitcoin. Currently, there are just 180 transactions in the mempool. What happens when more people acknowledge its usefulness?

In March, the network experienced a black marble flooding incident within a day, with just over 100k transactions. In the scenario where more people join, syncing a node might take weeks, and that's when loaded on a modern computer, not on Raspberry Pi.

To me, it seems like a good enough temporary privacy solution, but absolutely not for long-term global adoption.

Was it black marble attack ? no one knows for sure, what we know for sure is that it was not enough to make any assumptions as the "attack" was too small for too short time period.

Initial syncing takes time, even on Bitcoin when we talk full node, full blockchain on BTC network weights about 2x of XMR.
Recently I have been syncing my new node on cheap ~$5 dollar VPS, it took couple hours on 1 Gbps connection, if you don't want to wait you can always use remote node.

"Verification is very computationally expensive, and will only get worse overtime"
There are plenty of optimizations being done in this regard and my 10 year old laptop has no problem with current version.

"Currently, there are just 180 transactions in the mempool. What happens when more people acknowledge its usefulness? "
Monero has Dynamic block size, it scales a lot better than Bitcoin as you can observe it here:

https://tx.town/v/xmr-btc

As for what's being currently done, I suggest watching full talk of ArticMine I have posted eariler.