Does Monero have a better scaling path without multiple layers. I am clueless about it.
Discussion
monero scales worse than BTC due to larger tx size.
so it would still need an L2 to scale.
Is there L2 solutions happening?
not really.
its not necessary right now.
monero does 8-10% of Bitcoins daily tx volume.
and tbh, since lots of Bitcoin tx are entities moving between exchanges...
and monero doesn't fuck with CEX,
we can be confident the number of p2p txs on monero is smaller,
but not hugely smaller
but we're also not expecting huge adoption in the short term either.
Monero could do 10x the tx volume *today and we miiight start being concerned about hardware requirements in a few years.
after the next update monero will be in a good position to consider the best way to pursue scaling.
I am mining on my M1 Mac. That was super easy.
So far Monero's on chain transaction fees are very usable