Oddbean new post about login | logout Im not too familiar with monero, so i cant speak to: is bitcoin as private as monero? By default, probably not but we all have our responsibility and i would argue bitcoin can/could be as private as monero. If zaps ⚡️ were built on top of monero, how would that look?
That doesn’t need to happen tho
Interesting, monero transactions/fees* scale easily so we can zap anyone layer 1? again limited monero knowledge 😅
Yes as well as the blockchain itself to handle large amount of transactions
How fees works for monero? Can we check it live like mempool for btc ?
Its not as interesting as mempool.space since you can't see sender,receiver and amount.
I mean, if such thing exist for the part of live fees priority and cost
Monero txs are so cheap (usually less than .01 USD) basically nobody worries about it. There was an issue with some network flooding a few months ago where people who needed to get a tx in a block had to up their fee. But that was the first Ive heard of any fee market in years.
That was an attack on dnm… they made $300k stealing from them…
no cap? they were somehow brute forcing privkeys? how did flooding txs steal xmr? which DNM was the target?
what a monero block explorer looks like FYI https://localmonero.co/blocks/
if you had it setup I could zap this https://image.nostr.build/028199f95879cd31f6675023dc2d17d5d5897772373b674a780d2712af0898a6.jpg
The average XMR fee is very low compared to BTC https://image.nostr.build/c66c1d6711cc586c1cbf2f378064e30979d434e921ca3aab3397ff270b2dbb79.jpg
by default, not at all. and bitcoin could possibly be as private as monero, with a hard fork. OR we're left trying to do shit on L2s, which will always have serious drawbacks. There is a extremely strong argument for compulsory privacy on L1.
