Damus
Matthew Kratter · 8w
Blockstream Jades, Replay Attacks, and Toast of the Towns https://blossom.primal.net/9b21f0786aa27f91e25c7b02b3f6664136c12545fc36803a584fff3e2e21e31a.mp4
Nonkycswapper profile picture
I always watch your videos. Thank you very much. How can we be sure that BTC-B2B will not face the same centralization as Bitcoin in the future? When I compare Monero and BTC-B2B, Monero seems to have several advantages. Besides being a privacy-focused cryptocurrency with strong built-in privacy features, Monero is also designed to make mining more decentralized by favoring CPUs and discouraging ASICs. While Monero does not have a fixed cap like Bitcoin's 21 million coins, its supply growth slows over time through tail emission, resulting in a very low inflation rate in the long run. Monero is not immune to centralization, but it is designed to make concentration more difficult: RandomX was specifically created to favor CPUs and discourage ASICs. Millions of CPUs worldwide are capable of mining. A new participant can buy a consumer CPU and compete reasonably.

Therefore:

Monero: Best chance of broad miner participation. BTC-B2B: Uncertain; it could become centralized if a few large BLAKE2b ASIC operators dominate the network. Bitcoin: Already highly specialized and industrialized.

Can someone explain this to me? Am I missing something, or is there a stronger argument for BTC-B2B beyond the 21 million coin cap?