Post
Topic
Board Altcoin Discussion
Re: Monero (XMR) Speculation thread
by
othe
on 12/08/2014, 02:38:50 UTC


No you aren´t interested, all you do is flaming against it over and over with the same crap and you are damn learning resistant on that.


And I'll continue flaming it until I see a fix to the issues that I find important. In my opinion, Monero is like a piece of coal. Practically worthless in its current form. With the proper pressure, coal can be compressed into a diamond.

Lets face it, you are just a blinded Darkcoin fanboy.
While you ignore all issues i mentioned on DRK you come here and blub the same stuff over and over again.

The fact is, there is no pruning in Bitcoin, theres no pruning in Darkcoin and there is none in Monero.
So feel free to annoy the other 2 mentioned projects with that and set Monero on ignore as you are certainly not interested in it anyway.

CN based coins can easily scale to a high transaction volume, its far from its limit, so is Bitcoin.
Read the Bitcoin scalability page, the disksize for a fullnode is the LEAST issue, network propagation etc are one of the problem.

As already said 1000x times normal people will use an SPV Wallet like they are doing with Bitcoin, and for a fullnode operator the Blockchainsize doesnt matter as diskspace is cheap, yes you heard correctly, diskspace is already pretty cheap in the year 2014 - and btw. running a masternode is not.


However, it will be kinda impossible for the Masternode stuff to "scale" to even Bitcoin levels.
We're all blinded by fanaticism for what we're invested in, to an extent. You'd be lying if you said you don't see it with Monero proponents. As stated by astute observers, Darkcoin is compatible with various pruning schemes, namely the mini blochain, that CN isn't compatible with. So Darkcoin provides solid anonymity (I know you'll dispute this, but please reserve your zeal for when the bounties appear), and it can scale roughly an order of magnitude better than CN. I'm banking on the fact that 99% of people don't care if their anonymity is provided by ring signatures or magic pixies, as long as transactions can't be traced. So if Darkcoin can't be traced, and it scales an order of magnitude better, it will become the standard.

I am technically interested, barely an investor.
The miniblockchain sheme doesnt provide more than an SPV client.
I already explained you 1000x times the scaling issues have barely todo with DISKSPACE.
But Monero and Darksend will produce bigger transactions simply because there are more in and outputs compared to a standart Bitcoin tx.
Diskspace here is not the issue - the bandwith is one of the issue. See Gavin Andresens latest proposol for a possible fix.

I agree on the fact people won´t care about how privacy is archived, still they care if the anonymity is good. A big plus for Monero that every transaction will be anonymous, no one will have to care about using sth called "darksend" they won´t even understand, there will be no stuck coins from "premixing" or however you guys call it. Every tx is anonymous and instantly send out, i can easily send 10k XMR around with a mixing of 100 or more, just yet without waiting. Without caring about the technical aspects of how it works. Perfect for users.

Please provide additional information and technical facts how the "masternode" stuff will archive an order of magnitude better scaling if it isn't even instant.
I would take a look myself, but reversing closed source binaries is a pain and not worth the time and i am also strictly against security by obscurity, that never worked out.