isnt almost any update on monero a hardfork?
>Yes. Strong aversion to touching the monetary policy in the community though. Updates are mostly efficiency and privacy enhancing.
does monero have a scaling solution?
>Confirmations are only really a problem for in-person purchases or time-critical digital purchases. Doesn't make much difference for online purchases if you have to wait for a physical item to ship.
Two options currently:
(1) Wait 2 minutes, (2) Instant transactions already available: Some merchants already accept 0 conf in both bitcoin and monero. Just price in the risk.
...or wait for Monero second-layer solutions: https://www.getmonero.org/resources/roadmap/
when you buy your monero in a kyc setup or hold it on an exchange then its not useful.
>Agree. Not unique to Monero though. And if you withdraw the trail ends. With bitcoin you have to actively attain you privacy after withdrawing.
If you want more privacy on bitcoin just use liquid, lightning network, coinjoins or chaumian eCash
>Liquid and eCash: Custodial,
>Lightning: Centralizing and not final settlement (and mostly used custodially right now),
>Coinjoin: Can be good privacy if you know what you're doing, but even if done correctly it is still inferior to Monero in ease, quality, and comprehensiveness. Doesn't hide receiver or amounts, and ip isn't obfuscated.
XMR Future
npub1pc…hv373
2023-03-12 17:26:20
in reply to nevent1q…2f7k
Author Public Key
npub1pcf3fu5upfjwcdnevuw9nk467e24jnsu56aasufrvm36c966je8s2hv373Published at
2023-03-12 17:26:20Event JSON
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"content": "isnt almost any update on monero a hardfork?\n\u003eYes. Strong aversion to touching the monetary policy in the community though. Updates are mostly efficiency and privacy enhancing.\n\ndoes monero have a scaling solution?\n\u003eConfirmations are only really a problem for in-person purchases or time-critical digital purchases. Doesn't make much difference for online purchases if you have to wait for a physical item to ship.\nTwo options currently: \n(1) Wait 2 minutes, (2) Instant transactions already available: Some merchants already accept 0 conf in both bitcoin and monero. Just price in the risk.\n...or wait for Monero second-layer solutions: https://www.getmonero.org/resources/roadmap/\n\nwhen you buy your monero in a kyc setup or hold it on an exchange then its not useful.\n\u003eAgree. Not unique to Monero though. And if you withdraw the trail ends. With bitcoin you have to actively attain you privacy after withdrawing.\n\nIf you want more privacy on bitcoin just use liquid, lightning network, coinjoins or chaumian eCash\n\u003eLiquid and eCash: Custodial, \n\u003eLightning: Centralizing and not final settlement (and mostly used custodially right now), \n\u003eCoinjoin: Can be good privacy if you know what you're doing, but even if done correctly it is still inferior to Monero in ease, quality, and comprehensiveness. Doesn't hide receiver or amounts, and ip isn't obfuscated.",
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