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    Author Topic: The GIANT Blockchain  (Read 772 times)
    vinaha (OP)
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    March 31, 2016, 03:02:46 PM
     #1

    All this talk about bigger blocks. While all the talk about needing bigger blocks, people seem to be forgetting how GINORMOUS the blockchain is. Sure, it's only 63GB. Ignoring the space that this takes on a hard drive, that is HUGE! It has been almost a week now that I've been synchronizing a Bitcoin Core node with the network. I'm still 24 weeks behind. Yesterday I was 27 weeks behind. I suspect that it will probably be another week before the node has caught up.

    We are only what - five or seven years into bitcoin? And it is only now starting to get serious use. How big is the blockchain going to be in another ten years? How big is the blockchain going to be when the last satoshi is mined?

    Can something be done about this? Maybe having parts of the blockchain archived? Because the size of the blockchain might be another cause of centralization in a year or two. Who is going to run a node if it takes a month to synchronize?
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