<articmine> ZCash transaction rate increased over 29x since the end of September. A similar surge in Monero transactions occurred in 2016.

<articmine> Just an indication of what can happen if there is a sudden increase in price / adoption.

<articmine> We have to be very careful with restrictions on scaling.

<articmine> bitinfocharts.com/comparison/transactions-zec-xmr.html#log&1y

<articmine> By the way this is not enough time for the long term median ML to react

<articmine> So even my proposed 16x surge for the short term median MS could be too low

<articmine> I works barely because currently the blocks are about 1/3 of the penalty free zone

<articmine> I am concerned because Monero adoption has been suppressed for years by the BS companies lobbying governments to delist Monero from centralized exchanges. A sudden collapse of BS in the courts could lead to a sudden very sharp spike in on chain Monero transactions

<pubertus:matrix.org> > <@articmine> I am concerned because Monero adoption has been suppressed for years by the BS companies lobbying governments to delist Monero from centralized exchanges. A sudden collapse of BS in the courts could lead to a sudden very sharp spike in on chain Monero transactions

<pubertus:matrix.org> ideally, the liquidity would decentralize and that would obviously cause a massive increase in vols and also tx's. especially once you open up the MM and arbs to non-CEX players, the tx's will increase drastically.

<pubertus:matrix.org> other factors like bridges could also have an impact.

<pubertus:matrix.org> defi produces much more tx's than CEX trading.

<pubertus:matrix.org> you dont even need an increased amount of users for this to happen, just for the market to become more efficient.

<pubertus:matrix.org> but monero has dynamic block size

<pubertus:matrix.org> is this stayign i presume w FCMP? then not an issue

<jack_ma_blabla:matrix.org> is that adoption or just transactions to/from exchanges > <@articmine> ZCash transaction rate increased over 29x since the end of September. A similar surge in Monero transactions occurred in 2016.

<jack_ma_blabla:matrix.org> eu regulations just ban privacy coins & other countries will follow, are courts going to reverse it ? > <@articmine> I am concerned because Monero adoption has been suppressed for years by the BS companies lobbying governments to delist Monero from centralized exchanges. A sudden collapse of BS in the courts could lead to a sudden very sharp spike in on chain Monero transactions

<jack_ma_blabla:matrix.org> arent most ztrash txs non-private ? even exchanges dont allow deposits from shielded addr

<ofrnxmr> @jack_ma_blabla:matrix.org: Its spam

<articmine> @jack_ma_blabla:matrix.org: I suspect primarily transactions to and from exchanges

<elongated:matrix.org> @articmine: So it’s just a spike due to hype/price increase and it’s already listed on exchanges so that volume has increased.

<articmine> @jack_ma_blabla:matrix.org: If there is a reversal of conviction where the "evidence" was blockchain surveillance based, in the US. I say yes. Especially considering the falsely convicted in an EU citizen.

<articmine> In could easily fall under the European Convention of Human Rights

<articmine> @jack_ma_blabla:matrix.org: It still has been delisted in the EU

<elongated:matrix.org> @articmine: There will be no onchain evidence in case of privacy coins, so that ban isn’t going to be reversed.

<elongated:matrix.org> Regulators can only reverse it just to bring some volume under surveillance, but currently xmr isn’t anywhere close to be unstoppable in terms of on/offramp.

<articmine> @elongated:matrix.org: The point is that the "evidence" is unreliable at best and leads to false convictions. So this alone creates a right to privacy to avoid being falsely convicted in a foreign country

<articmine> There is already a lot of jurisprudence where the courts have read privacy into the European Convention of Human Rights

<articmine> @ofrnxmr: Wrong transaction type in ZCash. These are t transactions not z transactions. Not consistent with ZCash spam at all. With respect to z transactions I can see the spam argument

<articmine> T transactions are very consistent with to and from exchanges.

<ofrnxmr> They are like 0.0001 zec

<articmine> Both are

<ofrnxmr> Nobody is sending 0.0001 zec to a cex

<articmine> That is the reason ZCash was spammed so brutally with Z transactions

<articmine> That looks more like BS dusting

<ofrnxmr> It was scammed with z txs because the fee was so low that you could ddos wallets for very cheap

<ofrnxmr> Spammed*

<articmine> BS dusting is a form of spam

<articmine> BS dusting does make sense in response to the recent interest in ZCash