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I value this meme at eleventy billion and won't take a cent less (lemmy.world)
submitted 11 months ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
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[-] z0rg0n@monero.town 1 points 11 months ago

Monero has mechanisms for validating supply:

https://m.youtube.com/watch?v=vW9H6VIONWM&t=174s

If you're going to repeat this argument ad nauseam then at least don't do it in a misleading absolutist way.

[-] explodicle@local106.com 1 points 11 months ago* (last edited 11 months ago)

I don't 100% disagree with him. Like he said, it is an additional risk. Assuming no supply bugs, you can validate what is published.

I just disagree with him that it's "near zero probability". This already did happen with Bitcoin and we only caught it because we weren't assuming zero supply bugs. Bugs happen and we're talking about the future money supply for all humans.

Edit to add: and BTW it's not just cryptography bugs (rare), but anything related to validation (like value overflow)

[-] PipedLinkBot@feddit.rocks 1 points 11 months ago

Here is an alternative Piped link(s):

https://m.piped.video/watch?v=vW9H6VIONWM&t=174s

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source; check me out at GitHub.

this post was submitted on 10 Nov 2023
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