Quote from: ArticMine on September 01, 2014, 06:43:46 PM

Quote from: darkota on September 01, 2014, 05:52:58 PM

I was wondering. I'm not a cryptographer, but can transactions be wired through another coin?

So if Monero wanted to stop bloating/scaling all together, is it possible to create a 2nd temporary chain(coin) linked to Monero, and have Monero's transactions go through there?

So for ex: Monero devs make another coin purely for transactions called Mon. Once Mon has bloated enough, then they replace Mon with another coin called Mon2, etc etc, or Mon automatically does this for itself.

Shouldnt that allow Monero to scale up to Visa levels if it can be implemented?

Or one can simply allow Moore's law to take care of the bloat problem. Comparisons with VISA are very relevant here. The question that needs to be asked here is could VISA have scaled to current levels using the computer technology available in 1959 when American Express and Diner's club were offering the first credit cards?

As for blockchain pruning in its various incarnations it is a very bad idea because the "bloated information" is freely available at one point. This would allow large centralized holders to save this information, hoard it and then sell it at a premium to the average person. A simple scenario here could involve a legal dispute between and individual and a tax authority over transactions that are years or even decades old. The tax authority would have access to the old blockchain data while the individual would have to purchase that same data from a commercial data hoarder at a premium, thereby putting the individual at a significant disadvantage.

I'm going to run with this idea for a moment.

Lets call it Block Chain Link Fencing.

The ways to implement might include things like
1) merge mining the new chain
2) Finding the the unspent transactions
3) providing a way to move unspent transactions from the old chain to the new chain

There are other solutions already in play such as the use of bloom filters to prune the old chain in the software. But I thought the name that popped into my head for this feature was clever enough that I should write something for it.
(we are either fencing coins, or fencing off bloat by linking block chains, take your pick)