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zecexe
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July 18, 2015, 02:26:41 PM |
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Monero >Bitcoin
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thefunkybits
Legendary
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Activity: 1218
Merit: 1000
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July 18, 2015, 04:22:26 PM |
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Not soon, I doubt ever
Definetely not soon but chances are it will do it. Transacting bitcoin is clumsy due to too low block size, and if they increase it, it only postpones the problem - not solve it (taking care of symptoms instead of curing the sickness). Speaking of block size...what's Monero's capacity in terms of txs per second? Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network. |
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Nxtblg
Legendary
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Activity: 924
Merit: 1000
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July 18, 2015, 10:46:43 PM |
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Speaking of block size...what's Monero's capacity in terms of txs per second?
Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network. Okay, thanks. I'd prefer a number, but what you wrote will do.  |
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smooth
Legendary
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Activity: 2968
Merit: 1198
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July 19, 2015, 12:40:06 AM |
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Speaking of block size...what's Monero's capacity in terms of txs per second?
Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network. Okay, thanks. I'd prefer a number, but what you wrote will do. What he said was right. There is no hard limit in the protocol. Noodle Doodle's recent benchmarks on an i7-2600K show 2.5 ms average tx verification time (per core) so that would max out at 1600 tx/second. Usage at that level would require a lot of bandwidth and CPUs slower than a 2011 quad core desktop would not be able to keep up and would need to drop off. |
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Ingatqhvq
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July 19, 2015, 10:29:21 AM |
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I don't think it will happen.
Most people just know bitcoin. And what's the different between monero and darkcoin?
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benthach
Legendary
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Activity: 1764
Merit: 1000
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July 19, 2015, 10:36:01 AM |
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i always like stealthcoin. it need to prove itself with stealthsend. i liked it stealthtext and new cool wallet. |
reddit btcwriter1 - twitter kingpininvestor
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DiscoverCebu
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July 19, 2015, 10:58:52 AM |
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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.
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smooth
Legendary
Offline
Activity: 2968
Merit: 1198
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July 19, 2015, 11:12:22 AM |
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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. |
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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July 19, 2015, 11:54:27 AM |
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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. I think someone should start a conspiracy thread: "Is the banking elite behind all the Monero shilling threads in order to harm Monero". Someone willing to start a new thread on that issue since it apparently is lacking from BTCT?  |
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DiscoverCebu
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July 19, 2015, 12:09:28 PM |
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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. I think someone should start a conspiracy thread: "Is the banking elite behind all the Monero shilling threads in order to harm Monero". Someone willing to start a new thread on that issue since it apparently is lacking from BTCT? That is one thing I would not intend to do as it would create one more spam thread on my behalf. |
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Nxtblg
Legendary
Offline
Activity: 924
Merit: 1000
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July 19, 2015, 01:40:31 PM |
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Speaking of block size...what's Monero's capacity in terms of txs per second?
Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network. Okay, thanks. I'd prefer a number, but what you wrote will do. What he said was right. There is no hard limit in the protocol. Noodle Doodle's recent benchmarks on an i7-2600K show 2.5 ms average tx verification time (per core) so that would max out at 1600 tx/second. Usage at that level would require a lot of bandwidth and CPUs slower than a 2011 quad core desktop would not be able to keep up and would need to drop off. Thanks for the elaboration. |
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Nxtblg
Legendary
Offline
Activity: 924
Merit: 1000
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July 19, 2015, 01:48:59 PM |
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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.
Allow me to pitch in. Call me naïve, but I have a slight aversion to being too smart by half*. To my ingenuous eyes, what you've got are genuine Monero fanbois who are using this board as a sandbox for wider-world evangelism. *My own surmise: this phrase was coined when someone with a reputation for annoyingly bragging about his I.Q. of 150 tripped himself up by reasoning his way into folly. |
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Bobekko
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July 19, 2015, 02:09:12 PM |
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Of course not. At least not soon. And starting another few hundred pointless threads about it isn't going to change that.  |
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GingerAle
Legendary
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Activity: 1260
Merit: 1008
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July 20, 2015, 12:01:02 AM |
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mmmm canned monero.
dunno if this was in this spammy thread, but yes and no. A transparent blockchain is great for some things. An optionally transparent is great for some things. For instance, I recently used proofofexistence. Could that be done with the cryptonote blockchain? Sure, but you'd have to tell all parties involved your viewkey etc etc. With bitcoin, anyone can hash my document and see the timestamped proof on the blockchain.
things. just. evolve.
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RealBitcoin
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July 20, 2015, 12:06:14 AM |
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Not really, monero and other altcoins dond have cold storage option feature.
Yes it may be anonymous and have great support and all that but without cold storage, not anytime soon!
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smooth
Legendary
Offline
Activity: 2968
Merit: 1198
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July 20, 2015, 12:12:46 AM |
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Not really, monero and other altcoins dond have cold storage option feature.
What? You can create a paper wallet offline and then send to it. How is that not cold storage? |
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kazuki49
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July 20, 2015, 01:30:05 AM |
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Not really, monero and other altcoins dond have cold storage option feature.
What? You can create a paper wallet offline and then send to it. How is that not cold storage? Maybe its only cold if everybody can see the coins sitting there in the address  |
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g3rszpi
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July 20, 2015, 09:21:07 AM |
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Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw
That's the whole point of crypto community. Speculation, speculation and speculation. |
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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July 20, 2015, 09:39:33 AM |
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Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw
That's the whole point of crypto community. Speculation, speculation and speculation. Any commodity price is almost all about speculation. A friend of mine, who is making his doctoral degree/dissertion in the university of Haifa something about oil (I am not quite sure yet what is his field in this issue - and I guess he do not have full assurance himself as well since the process and reading & studying of the matter is in the beginning stage), told me once, even as much as 90 % of oil price is speculation. I like the fact that Poloniex has started offering marginal trading. It enables more speculation to the markets and thus increases the stability of the markets. If you feel like dumping, then there are people who want to buy your coins and if you feel like buying, then there are people with marginal positions who want to fulfill your desire without causing massive panic buying to the market where some emotional people may get hurt and end up bitter and desperate bagholders. |
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