The Impact of Adoption on Price and Transaction Fees in Monero – Models and Scenarios

Monero uses an adaptive block weight based upon the CryptoNote excess size penalty https://cryptonote.org/whitepaper.pdf, with a penalty free block weight, a short term median over the last 100 blocks, and a long term median over the last 100,000 blocks. This allows Monero to scale by providing the capacity for increases and decreases in the number of transactions. This leads to a very deterministic transaction fee structure, with a trade-off between the rate of growth of the block weight and the transaction fees paid. We will consider various models and scenarios for the impact of adoption on the price and the transaction fees of Monero in terms of inflation adjusted United States Dollars.

Speakers


ArticMine


Thursday Oct 29, 2020 - 01:00 PM CDT

Level 0, Monero Village

Monero Village

Expert