SaberhagenTheNameless on Nostr: This year will bring FCMP upgrade for Monero that will bring layer two solutions with ...
This year will bring FCMP upgrade for Monero that will bring layer two solutions with it. In regards to centralizing nodes, I'm not sure you're factoring in that technology advances over time and rate of adoption. Certainly not guaranteed to centralize. Though I think it's fair to say, all things equal, that Monero centralizes faster than Bitcoin in resource requirements for nodes.
Tail emission + dynamic blocksize also keeps transaction fees low so Monero can actually function as p2p electronic cash. With more adoption Bitcoin fees will continue growing (the opposite is true for Monero) and becomes a terrible currency. The more it's actually used the more you hemorrhage in fees. Even lightning breaks with modest congestion on-chain just like we saw earlier this year.
Liquid isn't really comparable to Monero. It's mempool is a ghost town, you have to trust a federation, and it doesn't hide sender/receiver. Ecash isn't even in the same category as it's custodial (doesn't remove trusted third parties) and not a cryptocurrency. Lightning in thoery seems like the only real choice, but users are almost all relying on custodians and LSPs (third parties) because of the complexity of being sovereign on it. Look no further than Nostr.
Tail emission + dynamic blocksize also keeps transaction fees low so Monero can actually function as p2p electronic cash. With more adoption Bitcoin fees will continue growing (the opposite is true for Monero) and becomes a terrible currency. The more it's actually used the more you hemorrhage in fees. Even lightning breaks with modest congestion on-chain just like we saw earlier this year.
Liquid isn't really comparable to Monero. It's mempool is a ghost town, you have to trust a federation, and it doesn't hide sender/receiver. Ecash isn't even in the same category as it's custodial (doesn't remove trusted third parties) and not a cryptocurrency. Lightning in thoery seems like the only real choice, but users are almost all relying on custodians and LSPs (third parties) because of the complexity of being sovereign on it. Look no further than Nostr.