Monero is awesome. I think the only fault in that Cryptocurrency is its inflationary nature. If only they went with finate amount of XMR it would be perfect

Reply to this note

Please Login to reply.

Discussion

a hard cap is a design flaw that disincentizes MoE.

https://en.m.wikipedia.org/wiki/Free-rider_problem

Wownero has that.

But as another writer said. A hard cap is a security problem in the future.

The little amount of inflation that does occur only replaces lost coins and incentivizes miners to not charge hundreds of US dollars for fees. I totally ditched Bitcoin back in 2017 when I went to buy a coffee from Starbucks and the fee was double what the coffee cost. That is not a useful MOE currency.