a simple algorithm can verify the supply, what the hell is this fud, again and again? The block rewards from GENESIS to NOW are all PUBLIC.
So the SUPPLY is KNOWN
the only thing that matters is the ability to transfer from one wallet to another. if you're paranoid about supply swap to dai or something after you're done with monero.
>the only thing that matters is the ability to transfer from one wallet to another. if you're paranoid about supply swap to dai or something after you're done with monero.
No. Retards like you are dumber than fuddies
never marry your bags. i have a significant position in monero myself and supply audit does not concern me but you shouldn't just blindly follow what some randoms tell you. if proving that supply is really what it is supposed to be to you then you should take that into your risk assessment. math checks out to me personally.
There are TWO THINGS so that even <90 IQ can understand: > The system is mathematically proven (PROVEN) that INPUTS = OUTPUTS > The rewards per block are know
So the supply is known, audited, and not inflated / manipulated, and never will be
And, for the first time in the history of the industry, the implementation of that math into code was done virtually flawlessly. Not only that section, but every single portion that could potentially be exploited.
Maybe it'll be ok. Maybe some fifty year old guy named Larry already has more xmr than the rest of the network combined. The nature of the deal is you can not know.
supply fud and scaling fud is such a glownagger misdirection when there are entities literally attacking monero's privacy by spamming txs today.
anybody that actually needs privacy would pick unknown supply and high fees over broken ring signatures every day of the week.
monero's privacy is 100% reliant on unincentivized users not submitting too many txs (creating too many utxos) and keeping track of them. it's such a tenuous system nobody was surprised when the flooding attacks started.
The amount that LULZners post this troglodytes tweets and nobody seems to mind betrays how retarded and sheepish most of you actually are despite what you'd like to think.
> menorahlisa.png
a simple algorithm can verify the supply, what the hell is this fud, again and again? The block rewards from GENESIS to NOW are all PUBLIC.
So the SUPPLY is KNOWN
/Thread
I don't know why bitshits think that adding up block rewards to measure the supply only works on btc
the only thing that matters is the ability to transfer from one wallet to another. if you're paranoid about supply swap to dai or something after you're done with monero.
>the only thing that matters is the ability to transfer from one wallet to another. if you're paranoid about supply swap to dai or something after you're done with monero.
No. Retards like you are dumber than fuddies
marriage is a scam and you got scammed, buddy.
kek, wrong thread?
never marry your bags. i have a significant position in monero myself and supply audit does not concern me but you shouldn't just blindly follow what some randoms tell you. if proving that supply is really what it is supposed to be to you then you should take that into your risk assessment. math checks out to me personally.
who says I following stuff blindly?
Shut the fuck up homosexual
you said it yourself, indirectly, by becoming emotional in response to criticsim of monero. it wasn't really a criticism - more like an observation.
Why are you such a woman?
its perfectly possible to verify monero supply
midwits dont understand the cryptography and so dont trust it (even though its mathematical facts)
not knowing is a true sign of its most fundamental feature working, therefore it is good
There are TWO THINGS so that even <90 IQ can understand:
> The system is mathematically proven (PROVEN) that INPUTS = OUTPUTS
> The rewards per block are know
So the supply is known, audited, and not inflated / manipulated, and never will be
And, for the first time in the history of the industry, the implementation of that math into code was done virtually flawlessly. Not only that section, but every single portion that could potentially be exploited.
Maybe it'll be ok. Maybe some fifty year old guy named Larry already has more xmr than the rest of the network combined. The nature of the deal is you can not know.
supply fud and scaling fud is such a glownagger misdirection when there are entities literally attacking monero's privacy by spamming txs today.
anybody that actually needs privacy would pick unknown supply and high fees over broken ring signatures every day of the week.
Spamming txs doesn't work
monero's privacy is 100% reliant on unincentivized users not submitting too many txs (creating too many utxos) and keeping track of them. it's such a tenuous system nobody was surprised when the flooding attacks started.
>fellow monero fans
The amount that LULZners post this troglodytes tweets and nobody seems to mind betrays how retarded and sheepish most of you actually are despite what you'd like to think.