have you verified the supply yourself? or just trusting a random website made by a single guy? do you even understand any of the things mentioned in that website? it's a huge trust me bro, good luck
Discussion
when was the last time you verified the Bitcoin supply yourself?
or just trusting someone's implementation of gettxsetoutinfo?
we all have to place trust somewhere.
and I understand the basics enough to trust their methodology.
This one I do check, at least once a month.
I understand your POV, but it is easily check able both the easy way (gettxoutsetinfo, getblockchaininfo) or writing a small program to calculate “manually” based on the reward logic.
I agree with you on where we choose to place our trust. But it is a lot better when you can trust and easily verify, right? In Bitcoin you can.
its awesome that you verify it yourself,
seems like you should just be summing the utxoset however...
its more difficult to do the same on monero and therefore generally a higher level of trust is needed
but it's not fundamentally different.
Have you verified the bitcoin supply yourself?
They're both math. One is addition, the other is a little more involved. But if the math is proven correct they're both equally verified.
This one I do check. I understand your POV, but it is easily check able both the easy way (gettxoutsetinfo, getblockchaininfo) or writing a small program to calculate “manually” based on the reward logic
You can do the same thing with Monero, it's just verifying the range proof math and coinbase transactions.