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Monero is far more bloated than Bitcoin, paying a high price for its privacy features, most of which (no visible amount or address) can be had while making even
by tromp 6mo ago
Monero is far more bloated than Bitcoin, paying a high price
for its privacy features, most of which (no visible amount or address) can be had while making even Bitcoin look bloated [1].
[1] https://np.reddit.com/r/grincoin/comments/mu88ow/comment/gv6dddu/ https://np.reddit.com/r/grincoin/comments/mu88ow/comment/gv6...
- rationalist 6mo ago> paying a high price Monero's transaction fees are less than Bitcoin's: https://bitinfocharts.com/comparison/transactionfees-btc-xmr.html#log&3y https://bitinfocharts.com/comparison/transactionfees-btc-xmr... And Monero's fees decrease with larger block sizes (Monero has dynamic block sizes) whereas Bitcoin has a fixed block size and fees must increase to compete to be included in the block.
- tromp 6mo agoI wasn't talking about fees, but about chain size, utxo set size, and code complexity. Fees are always low when blocks are far from full.
- rationalist 6mo ago> when blocks are far from full. And when they're not?
- MannyF 6mo agoBut Monero transactions confirm more quickly, the first confirmation usually takes just two or three minutes.