92 gigs? Wowwzers. - page 2. | Bitcointalksearch.org

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: cpfreeplz on October 02, 2016, 02:57:22 PM

It still costs under $50 to store the Blockchain in full. I don't see it ever being a big deal. + not everyone has a node so doesn't technically need it Grin

we'll see a bigger Blockchain if the block size is raised and more transactions start going through.

Don't know how u calculate it, but it depends heavly on many factors.
In the end, its better to find some optimization of storing blockchain, compression, i dont know but it should be considered now. After couple years it will be harder and harder to store whole blockchain.

Kprawn

legendary

Activity: 1904

Merit: 1074

People are looking at this in the wrong way... the second hand hard drives are fairly inexpensive and you can get 1 TB hard drives for

between $20 to $40 each... https://www.alibaba.com/showroom/second-hand-hard-disk.html ... So even if the Blockchain size double

every year, we would still be able to store it on second hand/ used hard drives. So why is this an issue again?

magemist

hero member

Activity: 756

Merit: 501

Quote from: justspare on October 02, 2016, 09:34:34 PM

Quote from: DannyHamilton on October 02, 2016, 02:55:00 PM

Quote from: HITTI2 on October 02, 2016, 02:31:17 PM

Last time I recalled it was at like 52 or something.

Then it's been a year since the last time you looked at it. It hasn't been since late 2015.

If the blocks are all full, then the blockchain grows by about 52.6GB per year. Empty blocks and blocks that are less than 1 MB in size occur frequently, so the actual growth over the past year has been more like 39GB.

Yeah that is about right, but I just don't see why people want to download the whole thing. If I wanted to download it, it would take a day or two seeing as the internet speeds in Australia are f*cking sh*t.

Quote from: magemist on October 02, 2016, 03:22:50 PM

At this rate it will a terabyte by 2020 Cheesy

You better go back to year 1 and re-learn your multiplication. how does 52 times 4 equal 900? What the hell is this.

LOL, I was trying to be dramatic. Cheesy

I rather go to acting classes than boring math classes at any rate.
I'll leave the math to my accountant or some asian nerd to do that for me. Wink

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: MingLee on October 02, 2016, 05:53:53 PM

Quote from: DannyHamilton on October 02, 2016, 05:44:58 PM

Quote from: magemist on October 02, 2016, 03:22:50 PM

At this rate it will a terabyte by 2020

You aren't very good at maths are you?

The current size is less than 100 GB.

The current rate of growth is less than 2.7 GB per month.

There are 39 more months until 2020.

Less than 2.7 GB per month times 39 months is less than 105.3

At this rate it will grow by less than 105.3 GB by 2020.

Current size (less than) 100GB plus less than 105.3 GB of growth means that:

At this rate it will be less than 205.3 GB by 2020.

At this rate it will be a terabyte by 2045.

Some people have a hard time with math you know, you can't always make fun of them for their disabilities Grin

I still don't understand how people can mess math like that up, however it should be noted that there is a slight compounding growth experienced by the blockchain, and so it might be something like 2035/2040 that it hits 1TB. I could be wrong about that though.

Now I'm confused! Huh

Is that 1TB in the claws of one or two African or European swallows?

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Quote from: DannyHamilton on October 02, 2016, 06:20:41 PM

Quote from: MingLee on October 02, 2016, 05:53:53 PM

it should be noted that there is a slight compounding growth experienced by the blockchain, and so it might be something like 2035/2040 that it hits 1TB.

Obviously if the rate is different then the date will change, but the statement wasn't about attempting to predict future growth rates. The statement was about what would happen if it continued at this rate.

That being said...

Please explain. What is the cause of the compounding growth? I'm not aware of any.

It's difficult to predict how many blocks will be less than full in the future. If EVERY block is COMPLETELY full from now on, then the rate of growth will be about 4.38 GB per month. Unless the maximum allowed blocksize (or the average time between blocks) is changed in the future, the blockchain won't grow any faster than that.

Just another reason why we should not increase the Block size to something much bigger than it is now. The average block is not full at all, so we need to consider if any upgrade is necessary at this moment. SegWit and the Lightning network would help a lot with capacity issues and would also prevent that the Blockchain would grow to big to keep up with storage limitations. < Not that we have any issues with it, because it is fairly cheap>

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Yakamoto on October 02, 2016, 11:08:34 PM

Quote from: Wind_FURY on October 02, 2016, 10:59:50 PM

There are a lot of people in this forum who deny this as a problem or a potentially serious problem in the future. Yes storage is becoming cheaper and cheaper every year but does that really solve the problem of the bloating blockchain? There is also a concern that bandwidth is a bigger problem than storage.

There should be solutions made in Bitcoin itself and I am confident that the core developers will find a good way.

Well the question becomes what can we do to fix the size of the blockchain? That's one of the only ways that the blockchain makes sure everything happens, and so you can't just take that away and expect nothing to break.

Is there a way to condense the data or something?

The core developers should find a way to improve the blockchain pruning methods and also work together with 3rd parties to have a good implementation of off chain transactions. Off chain transactions will hit 2 birds with one stone. It will help scale Bitcoin and it will handle the load away from bloating the blockchain.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: Wind_FURY on October 02, 2016, 10:59:50 PM

There are a lot of people in this forum who deny this as a problem or a potentially serious problem in the future. Yes storage is becoming cheaper and cheaper every year but does that really solve the problem of the bloating blockchain? There is also a concern that bandwidth is a bigger problem than storage.

There should be solutions made in Bitcoin itself and I am confident that the core developers will find a good way.

Well the question becomes what can we do to fix the size of the blockchain? That's one of the only ways that the blockchain makes sure everything happens, and so you can't just take that away and expect nothing to break.

Is there a way to condense the data or something?

Wind_FURY

legendary

Activity: 2898

Merit: 1823

There are a lot of people in this forum who deny this as a problem or a potentially serious problem in the future. Yes storage is becoming cheaper and cheaper every year but does that really solve the problem of the bloating blockchain? There is also a concern that bandwidth is a bigger problem than storage.

There should be solutions made in Bitcoin itself and I am confident that the core developers will find a good way.

justspare

hero member

Activity: 1022

Merit: 538

Quote from: DannyHamilton on October 02, 2016, 02:55:00 PM

Quote from: HITTI2 on October 02, 2016, 02:31:17 PM

Last time I recalled it was at like 52 or something.

Then it's been a year since the last time you looked at it. It hasn't been since late 2015.

If the blocks are all full, then the blockchain grows by about 52.6GB per year. Empty blocks and blocks that are less than 1 MB in size occur frequently, so the actual growth over the past year has been more like 39GB.

Yeah that is about right, but I just don't see why people want to download the whole thing. If I wanted to download it, it would take a day or two seeing as the internet speeds in Australia are f*cking sh*t.

Quote from: magemist on October 02, 2016, 03:22:50 PM

At this rate it will a terabyte by 2020 Cheesy

You better go back to year 1 and re-learn your multiplication. how does 52 times 4 equal 900? What the hell is this.

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: DannyHamilton on October 02, 2016, 02:55:00 PM

If the blocks are all full, then the blockchain grows by about 52.6GB per year. Empty blocks and blocks that are less than 1 MB in size occur frequently, so the actual growth over the past year has been more like 39GB.

Interesting correlation, so maximum blockchin's growth it is like 1 GB per week since we have 52 weeks in a year.
I thought that there can't be empty blocks or blocks which are less than 1MB and every block is always filled to the max.

HITTI2

hero member

Activity: 563

Merit: 500

Quote from: Meuh6879 on October 02, 2016, 05:33:59 PM

in 2 years, no.

I give it year or less Cheesy

http://www.tomshardware.com/news/samsung-ssd-hdd-sata-nvme,32762.html

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: MingLee on October 02, 2016, 05:53:53 PM

it should be noted that there is a slight compounding growth experienced by the blockchain, and so it might be something like 2035/2040 that it hits 1TB.

Obviously if the rate is different then the date will change, but the statement wasn't about attempting to predict future growth rates. The statement was about what would happen if it continued at this rate.

That being said...

Please explain. What is the cause of the compounding growth? I'm not aware of any.

It's difficult to predict how many blocks will be less than full in the future. If EVERY block is COMPLETELY full from now on, then the rate of growth will be about 4.38 GB per month. Unless the maximum allowed blocksize (or the average time between blocks) is changed in the future, the blockchain won't grow any faster than that.

7788bitcoin

legendary

Activity: 2282

Merit: 1023

This is assuming we are keeping the blocksize at 1Mb. What if we increase it to 2MB or 16Mb or unlimited? Also, the price of storage and bandwidth is going down. It is going to be interesting in the coming 5 years.

MingLee

hero member

Activity: 490

Merit: 520

Quote from: DannyHamilton on October 02, 2016, 05:44:58 PM

Quote from: magemist on October 02, 2016, 03:22:50 PM

At this rate it will a terabyte by 2020

You aren't very good at maths are you?

The current size is less than 100 GB.

The current rate of growth is less than 2.7 GB per month.

There are 39 more months until 2020.

Less than 2.7 GB per month times 39 months is less than 105.3

At this rate it will grow by less than 105.3 GB by 2020.

Current size (less than) 100GB plus less than 105.3 GB of growth means that:

At this rate it will be less than 205.3 GB by 2020.

At this rate it will be a terabyte by 2045.

Some people have a hard time with math you know, you can't always make fun of them for their disabilities Grin

I still don't understand how people can mess math like that up, however it should be noted that there is a slight compounding growth experienced by the blockchain, and so it might be something like 2035/2040 that it hits 1TB. I could be wrong about that though.

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: magemist on October 02, 2016, 03:22:50 PM

At this rate it will a terabyte by 2020

You aren't very good at maths are you?

The current size is less than 100 GB.

The current rate of growth is less than 2.7 GB per month.

There are 39 more months until 2020.

Less than 2.7 GB per month times 39 months is less than 105.3

At this rate it will grow by less than 105.3 GB by 2020.

Current size (less than) 100GB plus less than 105.3 GB of growth means that:

At this rate it will be less than 205.3 GB by 2020.

At this rate it will be a terabyte by 2045.

Meuh6879

legendary

Activity: 1512

Merit: 1012

in 2 years, no.

HITTI2

hero member

Activity: 563

Merit: 500

Quote from: Meuh6879 on October 02, 2016, 04:09:06 PM

Quote from: HITTI2 on October 02, 2016, 02:31:17 PM

Last time I recalled it was at like 52 or something.
-pic-

to small ... boya ... !

https://www.amazon.com/Samsung-850-EVO-2-5-Inch-MZ-75E2T0B/dp/B010QD6W9I/

Nothing is too big for the blockchain.

Dat price is too big for the blockchain.

Meuh6879

legendary

Activity: 1512

Merit: 1012

Quote from: HITTI2 on October 02, 2016, 02:31:17 PM

Last time I recalled it was at like 52 or something.
-pic-

to small ... boya ... !

https://www.amazon.com/Samsung-850-EVO-2-5-Inch-MZ-75E2T0B/dp/B010QD6W9I/

Nothing is too big for the blockchain.

HITTI2

hero member

Activity: 563

Merit: 500

Quote from: richardsNY on October 02, 2016, 03:21:48 PM

I however wonder what is the quickest way to work. Is it better to copy the entire blockchain that I currently have on my computer, or should I download everything from scratch?

No need to download from scratch. Well, fully download I mean, no need. You can follow the below guide. And am sure there are other guides too.

https://bitcointalksearch.org/topic/download-the-blockchain-here-updated-regularly-1310261

I do indeed have a backup of my bitcoin to a second hdd. Depending what you need to do etc.

magemist

hero member

Activity: 756

Merit: 501

At this rate it will a terabyte by 2020 Cheesy

Topic: 92 gigs? Wowwzers. - page 2. (Read 1786 times)