Post
Topic
Board Altcoin Discussion
Re: Anonymity
by
DannyElfman
on 07/08/2014, 17:10:18 UTC
ring signatures used in coins like monero cause blockchain bloat making them unusable for mainstream adoption...so no...XC is what your looking for, read it and weep if your not invested already https://bitcointalk.org/index.php?topic=630547.0  Roll Eyes

Can you explain a little about mainstream adoption and its compatibility problem with the ring signatures?

Imagine 2 blockchains processing the same amount of transcations. Now Chain 1 is running with ringsignatures and Chain 2 is not.

Now lets say that every year 500 GB of transaction data gets produced and no blockchain pruning and shrinking is available.
After 1/2/3/4/5 years
Chain 1: 750GB/1.5 TB/2.25TB/3TB/3.75TB
Chain 2: 500GB/1TB/1.5TB/2TB/2.5 TB

And this is under the best case scenario that ringsignatures only produce 50% bigger tx. This number can be higher!