/biz/ - Business & Finance

>>55273236
>we're #18 by market cap now

Nice but inherently meaningless.

>>54643930
>What other workloads have a random distribution of instructions? Strict prediction isn't necessary to detect and throttle mining

Cryptographic workloads, machine learning workloads, scientific simulations, gaming workloads, etc.

>>53226972

>>53145533
>Bitcoin can still achieve fungibility eventually, hiding everything except amounts might work

lol. No hidden amounts = no true fungibility. Monero didn't have shielded amounts until RingCT was introduced in 2017 and suffered from persistent traceability issues as a result.


>A currency with an uncertain supply cannot be a proper currency ever, it's literally the worst thing you can think of for money, worse than fungibility

You're essentially making the argument that because there is ALWAYS a non-zero chance of the plane crashing NOBODY should EVER fly. That's not how life works, pal, there are acceptable risks and there are unacceptable risks. As long as best practices are maintained air travel is 99% safe and that is good enough for pretty much MOST people. Same goes for software.

>Nice try trying to ignore the problem, monero relies on an assumption and there is no certainty, as for bitcoin there is certainty related to its supply, read getmonero.org again

The article you cited literally spells out the opposite lol:

>Notably, the use of a transparent asset is not sufficient to guarantee safety of funds. It is true that supply transparency means that inflation can in theory be detected by an appropriate implementation, but the remediation of supply inflation could mean that transactions are reverted and honest funds are affected.

i.e. Bitcoin is still vulnerable to the destructive effects of a chain rollback. There is still NO certainty.


>he's trying to make you believe the supply of monero can be validated, there are no certainties

lol who said anything about "certainty?" There is no certainty, there are only likelihoods, and the likelihood of a destructive inflationary event in either BTC or XMR is so tiny its negligible.