Could Monero replace Bitcoin soon?

[BitcoiNaked]

I wonder what kind of drugs these monero fanboys are taking, they've totally lost it and over emotionally attached to the coin.

[1714211831]

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[1714211831]

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[8XMR]

Bitcoin and Monero have different purpose. No worry about bitcoin replacing.

[kazuki49]

Bitcoin and Monero have different purpose. No worry about bitcoin replacing.

Essentially, also https://bitcointalk.org/index.php?topic=1125666 

[cAPSLOCK]

Bitcoin and Monero have different purpose. No worry about bitcoin replacing.

Very very true.

[Hollingsworth]

Just to entertain the OPs wild assertion, if for any reason Bitcoin were to falter, it would logically fall to the number 2 coin on the market cap to be the stand-in replacement... that would be Litecoin.

But who knows, if Monero continues to stick around and prove itself...

[mathgal23]

Just to entertain the OPs wild assertion, if for any reason Bitcoin were to falter, it would logically fall to the number 2 coin on the market cap to be the stand-in replacement... that would be Litecoin.

But who knows, if Monero continues to stick around and prove itself...

I agree that LTC is #2 right now. But if BTC does fail it will probably lead to the failure of all coins with a similar codebase.  For that reason something different may rise to the top

[25hashcoin]

Bitcoin is experiment. Litecoin and Monero are real future of crypto.

[RealBitcoin]

Bitcoin is experiment. Litecoin and Monero are real future of crypto.

Litecoin is a joke.

Monero could replace Bitcoin, but only if it develops an offline transaction signature platform.

NR 1 DEMAND IS SECURITY, YOU NEED TO HAVE COLD STORAGE TRANSACTION CAPABILITY

Otherwise your altcoin is worth shit.

[benthach]

Fuck no, bitcoin can take on all the coins at once anytime. BTW I still am against monero for being so spammy regarding threads, one new thread about "sparking" new comment that another paid shill is paid to promote.

The Monero project is not paying any shills to create threads or for any other purpose.

Whoever is doing it has nothing to do with the project, and for all we know might be doing it in order to create a backlash. I'd advise against forming any opinion on anything, positive or negative, based on spam threads that can be created by anyone.

they're sored bagholders which are going mental
which is no different

[generalizethis]

Bitcoin is experiment. Litecoin and Monero are real future of crypto.

Litecoin is a joke.

Monero could replace Bitcoin, but only if it develops an offline transaction signature platform.

NR 1 DEMAND IS SECURITY, YOU NEED TO HAVE COLD STORAGE TRANSACTION CAPABILITY

Otherwise your altcoin is worth shit.

Here's a start:

https://bitcointalk.org/index.php?topic=583449.msg11626658#msg11626658

[RealBitcoin]

Bitcoin is experiment. Litecoin and Monero are real future of crypto.

Litecoin is a joke.

Monero could replace Bitcoin, but only if it develops an offline transaction signature platform.

NR 1 DEMAND IS SECURITY, YOU NEED TO HAVE COLD STORAGE TRANSACTION CAPABILITY

Otherwise your altcoin is worth shit.

Here's a start:

https://bitcointalk.org/index.php?topic=583449.msg11626658#msg11626658

That is offline wallet generator.

I`m talking about offline transaction with watch only wallet like ELECTRUM and ARMORY provides with bitcoin.

Its worthless to create the address offline, when you need to connect it to the online PC to perform a transaction. ELECTRUM & ARMORY for bitcoin solves that problem.

[smooth]

Bitcoin is experiment. Litecoin and Monero are real future of crypto.

Litecoin is a joke.

Monero could replace Bitcoin, but only if it develops an offline transaction signature platform.

NR 1 DEMAND IS SECURITY, YOU NEED TO HAVE COLD STORAGE TRANSACTION CAPABILITY

Otherwise your altcoin is worth shit.

Here's a start:

https://bitcointalk.org/index.php?topic=583449.msg11626658#msg11626658

That is offline wallet generator.

I`m talking about offline transaction with watch only wallet like ELECTRUM and ARMORY provides with bitcoin.

Its worthless to create the address offline, when you need to connect it to the online PC to perform a transaction. ELECTRUM & ARMORY for bitcoin solves that problem.

So you want you would like is the ability to create transaction offline and write it to a file (or print on paper), which you could then import to another computer and transmit? Seems doable.

[medusa13]

yes please do this, much less hassle with cold storages i agree.

still, blockchain on the offline computer would need to be updated from time to time, no ?

[GingerAle]

yes please do this, much less hassle with cold storages i agree.

still, blockchain on the offline computer would need to be updated from time to time, no ?

makes sense to me, 'cause you'd need to make sure you have enough transactions to ring sig with.

This type of transaction will probably be easier when the MRL suggestion (forget which one) where it won't matter whether a certain output is spent or not.

[smooth]

yes please do this, much less hassle with cold storages i agree.

still, blockchain on the offline computer would need to be updated from time to time, no ?

makes sense to me, 'cause you'd need to make sure you have enough transactions to ring sig with.

This type of transaction will probably be easier when the MRL suggestion (forget which one) where it won't matter whether a certain output is spent or not.

Sure, but it doesn't have to be live or even close. Updating it once a year should be fine. It doesn't need to be the full blockchain either -- a small  random sample of outputs to mix with would be sufficient. You'd probably want to update the wallet software too, in case of bugs, etc.

[newrad]

Nobody knows what any of these altcoins are but people on this forum.... Think about it.

People in the real world BARELY know what bitcoin is....... And most people who have heard of bitcoin disregard it as something unimportant.

There needs to be Dev & investment in a altcoin for it to succeed.

I don't think that will happen until Bitcoin has reached the mainstream fully.


I like Monero. 

[RealBitcoin]

So you want you would like is the ability to create transaction offline and write it to a file (or print on paper), which you could then import to another computer and transmit? Seems doable.

Yes, i want to create a transaction safely from cold storage offline PC, sign it offline with private key, then transfer that signed TX via QR code scanner, air gapped, to the online PC where I can broadcast it.

So far I dont know of Monero being able to do that, or atleast not in user friendly way, you can do sorcery with the core client but i`m not a very techy person.

And also there is no lightweight client for Monero. I`ll stop using Armory for bitcoin soon because the blockchain is getting big, and i see that electrum is becoming the new thing.


Electrum let's you create,sign TX offline, then import it online, and broadcast it online, but without blockchain, because its lightweight!

Unless Electrum for Monero becomes available, i`ll just say that Monero is not a currency until then

[smooth]

Good suggestion. Noted.

https://github.com/monero-project/bitmonero/issues/354

[RealBitcoin]

Good suggestion. Noted.

https://github.com/monero-project/bitmonero/issues/354

Yes also add there that it should be a lightweight wallet, because i`m sure , for the sake of usuability, not many people like to hold 20-30 GB blockchains on their PC.

So if a lightweight version becomes possible that would be the holy grail


Other than that, yes monero is a really privacy friendly coin, with very demanded features, that could replace bitcoin, one distant day in the future, if these minor thing could be fixed.

[Ale]

Could malware add itself into the QR-code?