michiganspencer on Nostr: How many monero are in circulation? I thought monero did two things to kill itself: ...
How many monero are in circulation? I thought monero did two things to kill itself:
1. It’s so private you would never know if there was a double spend or if someone was creating more monero out of thin air.
2. The network actually approved creating more monero for some fee payment or miner incentive bologne, not realizing the value of a hard cap.
But also bitcoin fixes these two things.
Published at
2024-12-30 11:11:53Event JSON
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"pubkey": "952aec2d6551db7c0bd02d4be3db0832e578bb9e99f67f1e7546682642721176",
"created_at": 1735557113,
"kind": 1,
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"content": "How many monero are in circulation? I thought monero did two things to kill itself:\n\n1. It’s so private you would never know if there was a double spend or if someone was creating more monero out of thin air.\n\n2. The network actually approved creating more monero for some fee payment or miner incentive bologne, not realizing the value of a hard cap.\n\nBut also bitcoin fixes these two things.",
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