>Back to .015 in a couple weeks. Why would it do this now? .023 I can see but not .015. XMR/USD is too important a pairing for Monero to go that low right now so long as BTC remains somewhat stable.
Wyatt Ward
Plz wait for tezos to launch before mooning
Mason Wood
Monero it's actually on the top 10 coins, Ignore those scam like omisego zilla chainlink and the shrimptokens
Lucas Jones
Lol they're planning on using lightning. It's going to die like Bitcoin
Jonathan Davis
Unlikely. Monero devs pay lip service to LN right now because Monero will have one of the hardest times scaling on chain due to the transaction sizes. Second layer solutions will be an actual concern for Monero much sooner than they would have ever been for Bitcoin if Monero usage increases dramatically.
Cooper Bennett
Unlike that it will use lightning, or unlikely that it will die? Also, what about Monero's dynamic scaling? Isn't that good enough?
Jose Morgan
Lightning will be implemented but unlike on bitcoin where LN is everything it will be used for the specific things it makes sense to use it for on Monero. Cross-chain atomic swaps, microtransactions, etc. Lots of the scaling is planned to be done on side chains like a mimblewimble sidechain.
Lucas Murphy
Both. Monero isn't going anywhere so long as it keeps its clout as the best privacy blockchain but I highly doubt Monero devs would ever actually implement some kind of optional LN layer anytime soon. Their devs are so cautious about doing just about anything without researching the consequences for a long time and LN is way too new and unproven for them leap into it. Like I said, they just pay lip service to the fact that second layer solutions need to be reserached and funded because if Monero is ever going to scale globally, it's likely that they will eventually need to implement some kind of second layer solution, whether its LN or not remains to be seen but I hope it isn't that.
The block sizes being dynamic does help with transaction throughput but Monero transactions are multiple times larger than Bitcoin transactions to begin with so the Monero's blockchain grows very quickly. Just to give you an example, Monero's blockchain is somewhere in the neighborhood of 50 GB already. Bulletproofs, active on their testnet since Dec I think, should be coming out in the next fork or the one after (September or March 2019). This will help reduce transaction sizes by about 70%, but even after that they will still be much larger than most other cryptos with an "already bloated" blockchain history making Monero somewhat cumbersome to use.