Damus
B.O.P · 125w
That’s not how it works. Bitcoin you CAN verify the supply at any time. How does XMR verify this for all blocks? It doesn’t have the same cryptographic proofing to as BTC to do this. In fact, som...
nostrich profile picture
What is the difference between a Bitcoiner relying on their node to verify supply and a Monero user relying on their node to verify supply?

You can do simple verification with Bitcoins supply, but who does? NO ONE DOES. Bitcoin is approaching 1 billion transactions and growing. Infeasible that even a single person has verified them all. Every ten minutes?

Bitcoin noderunners were obliviously unaware of this supply bug that would've been undetectable if exploited. Luck + a single honest anon was all that prevented it:
bitcoincore.org/en/2018/09/20/notice

Everyones node would be telling them Bitcoin supply looked fine, but the exploiter would be claiming spent values twice. Undetectable if you aren't combing through all inputs and outputs yourself and only relying on your node.
1
B.O.P · 125w
It’s literally a concern laid out on moneros website, feel free to educate yourself because Bitcoin supply auditability and Monero supply auditability are not the same “At the end of the day, there are tradeoffs inherent in supply-audit design choices. You can choose to represent amounts in th...