SwissNode on Nostr: it doesn't matter what the timescale of the "end" of mining is. 140 years like ...
it doesn't matter what the timescale of the "end" of mining is. 140 years like Bitcoin or 5000 years, it's all the same. It becomes rarer with time until at some point you can't get any more and what was made is all there ever will be. And that's fine...
You seriously don't need "another" blockchain. If you don't cap the number of blockchains you just increase arbitrarily the number of tokens in existence. Hence only one of them will become THE token. Otherwise I will hope for Monero+ and then Monero++
Also Lightning doesn't work on Monero, so no instant payments as well as the non-auditability of token supply...
Published at
2023-02-19 00:50:59Event JSON
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"content": "it doesn't matter what the timescale of the \"end\" of mining is. 140 years like Bitcoin or 5000 years, it's all the same. It becomes rarer with time until at some point you can't get any more and what was made is all there ever will be. And that's fine...\n\nYou seriously don't need \"another\" blockchain. If you don't cap the number of blockchains you just increase arbitrarily the number of tokens in existence. Hence only one of them will become THE token. Otherwise I will hope for Monero+ and then Monero++\n\nAlso Lightning doesn't work on Monero, so no instant payments as well as the non-auditability of token supply...",
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