• 12 Posts
  • 159 Comments
Joined 1 year ago
cake
Cake day: June 13th, 2023

help-circle




  • Could be but I don’t think so. We have seen increased transactions around summertime before, imo it’s people buying stuff to use during summer vacation.

    There’s also the fact that more and more xmr transactions move away from binance-like-CEX to instant swappers. Oh and of course, the binance delisting was officially concluded 2 days ago and it was the last chance for people to withdraw their coins.







  • So what? It takes 3 days to sync an ETH node, 10 days for a chia node. These aren’t lightwallets, this is network infrastructure.

    Many nodes are actually ran on raspberry PIs.

    I very much doubt that considering how raspberries don’t have physical AES and already took +3 weeks to sync before the transaction spike.

    We could easily exceed 2TB every 10years.

    I’d be perfectly fine with that. Right now you can get 2 TB SSDs for about 1 XMR. At the current rate (and it’s been similar for decades) they will be worth less than 20$ in a couple of years. Monero turns 10 this April and we are currently at only ~200 GB. And we still have pruning!

    Storage isn’t the limiting factor, it’s bandwidth.


  • Great post 🚀

    Really like the idea but see some problems with it.

    the demand for illegal narcotics from people smart enough to use Tor Browser is probably at the end of its elasticity

    While this is likely true, it doesn’t get easier to use Tor depending on whether you want to buy a fake Gucci sweater or black tar heroin.

    I do believe Monero still has massive potential in swallowing up many P2P drug transactions should CBDCs be used to really clamp down on cash and when that happens, other sectors will be affected as well: “You’re carbon credit allowance for this month has run out, no more meat for you.”




  • Space nodes are at best useful as a marketing stunt. It’s really the worst place to put a computer. A node in a bunker is much safer and is actually maintainable after its initial deployment, if you need coverage anywhere on earth, Elon has already spent billions for you to utilize starlink :)

    I’d propose to instead do a fundraiser to buy our own version of the cyberbunker where we can set up a real beefy node, host events, set up a hacker space, etc ;)