noisevault on Nostr: I don't know any Bitcoin or Monero OGs. Do you? But I also disagree with your ...
I don't know any Bitcoin or Monero OGs. Do you?
But I also disagree with your statement. Monero has come nowhere close to reaching the transaction throughput needed to prove it could do any better than bitcoin as a layer 1 network "at scale".
In fact simple math will show monero's block(chain) size would grow more quickly than an unbounded BTC and would therefore centralize more quickly as well.
That problem has never been solved on layer 1 by any chain.
Niether btc nor xmr have done huge amounts of MOE yet. But layer 2 tech on bitcoin is poised to be ready as it begins to.
But I also disagree with your statement. Monero has come nowhere close to reaching the transaction throughput needed to prove it could do any better than bitcoin as a layer 1 network "at scale".
In fact simple math will show monero's block(chain) size would grow more quickly than an unbounded BTC and would therefore centralize more quickly as well.
That problem has never been solved on layer 1 by any chain.
Niether btc nor xmr have done huge amounts of MOE yet. But layer 2 tech on bitcoin is poised to be ready as it begins to.