Don't know anymore, its dangerous to be right when the world is wrong.
“Obviously, we listed Zcash, We didn’t attempt to list Monero and we felt that Zcash was the privacy coin that we could get our regulators comfortable with.”
get this right, they did not even
dared to
attempt list Monero, because it
could displease the regulators, if you don't think we are living in 1984 meets Brave New World, I don't know what to say.
but the bittersweet part is, Monero will still pump hard in a bullmarket just because everything else pumps and Monero is in a good number of exchanges already. The last big uncorrelated pump was when Alphabay added Monero, and that alone made it the most profitable coin of the year, I don't think we'll see that happening again.
I also don't think they will try to go after Monero simply because its too late at this point, as it was with Bitcoin in 2011, at end of the day its just another open-source project. And they already have a ''privacy'' coin where they want, the corporation behind Zcash will bend to the will of the USG.
Green said so.
Zcash will be the trojan horse that eventually gets Monero onto the big exchanges. A privacy-lite coin is a stepping stone toward getting the regulators comfortable with real privacy coins.
In a few years when Grin gets it's legs under it it will be the red headed stepchild (in place of monero) and not allowed on regulated exchanges and all the fat cats will have their bags of monero's and then it will be a private store of value they will have accumulated enough of to allow it on exchanges.
Grin and MW won't make it, the world had enough of Core supremacists and their ignominious economic policies, the future belongs to ZK technologies which Monero will fully migrate to when they are ready aka no trusted-setups.
ZKStarks?
I'm guess the plan with bitcoin is to keep block size unchanged and allow fees to go through the roof, to subsidize miners. Meanwhile, users will have cheap and fast transactions on lightning network. Win/Win?
I'm sure someone has done some projections on how viable that economic model is. It would be interesting to see.
CW has a spreadsheet I think.
DucksI'm guess the plan with bitcoin is to keep block size unchanged and allow fees to go through the roof, to subsidize miners. Meanwhile, users will have cheap and fast transactions on lightning network. Win/Win?
I'm sure someone has done some projections on how viable that economic model is. It would be interesting to see.
I have seen many arguments here on BCT as why this fee model does not work and none as why it will work. By the way lightning network is not a solution. Just read the Lightning Network paper
https://lightning.network/lightning-network-paper.pdf where they talk about 100 MB + blocks to make LN work. In any case I hate to say I told you so, but I sold all my Bitcoin for Monero over this issue with the bulk of the sales completed well over 3 years ago.
Edit: The reason I found out about Monero in the first place is because I was researching this issue in Bitcoin here on BCT in 2014.
I was reading an old thread you were in where Satoshi had commented that the code for bigger blocks would be easy and he gave a simple If then statement to show how easy.
