00:51:44 ZCash transaction rate increased over 29x since the end of September. A similar surge in Monero transactions occurred in 2016. 00:51:45 Just an indication of what can happen if there is a sudden increase in price / adoption. 00:51:45 We have to be very careful with restrictions on scaling. 00:53:54 https://bitinfocharts.com/comparison/transactions-zec-xmr.html#log&1y 00:56:39 By the way this is not enough time for the long term median ML to react 00:58:07 So even my proposed 16x surge for the short term median MS could be too low 01:00:31 I works barely because currently the blocks are about 1/3 of the penalty free zone 01:05:26 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 09:46:16 > <@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 09:46:16 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. 09:46:16 other factors like bridges could also have an impact. 09:46:16 defi produces much more tx's than CEX trading. 09:46:17 you dont even need an increased amount of users for this to happen, just for the market to become more efficient. 09:53:08 but monero has dynamic block size 09:53:39 is this stayign i presume w FCMP? then not an issue 11:38:16 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. 11:40:10 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 11:41:58 arent most ztrash txs non-private ? even exchanges dont allow deposits from shielded addr 12:54:43 @jack_ma_blabla:matrix.org: Its spam 16:57:44 @jack_ma_blabla:matrix.org: I suspect primarily transactions to and from exchanges 16:59:45 @articmine: So it’s just a spike due to hype/price increase and it’s already listed on exchanges so that volume has increased. 17:02:01 @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. 17:02:02 In could easily fall under the European Convention of Human Rights 17:02:57 @jack_ma_blabla:matrix.org: It still has been delisted in the EU 17:04:58 @articmine: There will be no onchain evidence in case of privacy coins, so that ban isn’t going to be reversed. 17:06:19 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. 17:11:47 @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 17:13:25 There is already a lot of jurisprudence where the courts have read privacy into the European Convention of Human Rights 17:16:09 @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 17:16:56 T transactions are very consistent with to and from exchanges. 17:17:01 They are like 0.0001 zec 17:17:15 Both are 17:17:40 Nobody is sending 0.0001 zec to a cex 17:17:49 That is the reason ZCash was spammed so brutally with Z transactions 17:18:14 That looks more like BS dusting 17:18:20 It was scammed with z txs because the fee was so low that you could ddos wallets for very cheap 17:18:32 Spammed* 17:19:00 BS dusting is a form of spam 17:20:04 BS dusting does make sense in response to the recent interest in ZCash