What do you think about the concern that it is hard to know moneros history and it's expanding supply?
From my understanding the total amount of monero is auditable with a node.
The tail emission bugged me at first but over the last year it grew on me, just because its predetermined and set for the rest of time. Monero might avoid the problem while you see bitcoiners already talking about demurrage or tail emission and going back on the "21 million" promise.
Moneros inflation rate is already under 1% and will continue to get lower from now til the end of time. It also settles the "future security" debates.
Im ok with the tradeoff of privacy for a bigger transaction footprint.
I like the smaller blocks and 2 min block time.
I like zero arbitrary data on chain.
Im ok with the dynamic block size because my node is only storing monetary transactions.
If moneros blocks were full for the next 10 minutes a node would still store less overall data than one bitcoin block stuffed with dickbutt pictures.
The tail emission bugged me at first but over the last year it grew on me, just because its predetermined and set for the rest of time. Monero might avoid the problem while you see bitcoiners already talking about demurrage or tail emission and going back on the "21 million" promise.
Moneros inflation rate is already under 1% and will continue to get lower from now til the end of time. It also settles the "future security" debates.
Im ok with the tradeoff of privacy for a bigger transaction footprint.
I like the smaller blocks and 2 min block time.
I like zero arbitrary data on chain.
Im ok with the dynamic block size because my node is only storing monetary transactions.
If moneros blocks were full for the next 10 minutes a node would still store less overall data than one bitcoin block stuffed with dickbutt pictures.
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