/biz/ - Business & Finance

>>51617295
>and if it ever gains popularity FPGA/ASIC miners will have more incentive to crack the algorithms.
You can't "crack" RandomX because it has specific physical parameters needed to successfully run. It's designed around physical hardware requirements as opposed to just complicated spaghetti code. You could build a Monero "ASIC" right now and you would just recreate an AMD Threadripper.

Also, the circular dependency of Bitcoin's long-term security being based on transaction fees, and transaction fees in part being based on security, creates the potential for a positive feedback loop where if they fees crash or the price crashes sufficiently and there's no guaranteed block reward, Bitcoin could realistically see a catastrophic collapse in it's hashrate as they built a maximum-fragility system which is hypersensitive to both price action and maintaining full blocks at all times. Monero having tail emissions and being mined by botnets in large parts mitigates the circular dependencies of other coins because you're guaranteed payment + botnet miners aren't price sensitive so hashrate doesn't risk having positive feedback loop crashes if the price goes down.

>>51546969
>It's a consensus mechanism with the most cumbersome transaction speed
Transaction "speed" has absolutely no relation to PoS versus PoW.

>>51134529
the gui was always clunky on my 2016 laptop. that's why I went to feather. your daemon might still be running after you close gui. check your task manager after closing. if you do have to restore from seed, try feather. it's fast as fuck, and has superior coin control, which is needed for a clean & tidy wallet.