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If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
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Transactions per block are limited and data per transaction is limited ... blockchain can only grow within its parameters (max: ~90MB day / ~30GB year) ... you want us to make no transactions to keep the blockchain small? It would be very good for burst, if all available transactions would be 100% used ... even if the demand is higher than available ... that would increase transaction fees (mining rewards) ...
I know that 100% usage of the bursts transactions would benefit Burst, but if the blockchain would grow with 30GB/Year you would have a bigger blockchain then bitcoin after only 2/3 a single year.
I support what you are doing, it's a nice way of adding more features to burst, but it's going to make it harder for new people to join.
Is it safe to mine Burst on a laptop? Or can I get my HDD toasted or something?
On a laptop, the HDD is smallere, which means that the drive need to spin faster and have higer usage. Then a HDD get used, laptop or not, it will have a chance of dying. Laptop HDD have higer usage (spins faster) and will age faster then a desktop, which add up to a greater chance of the HDD dying faste,. but A laptop have lower power drain so it can be more profitable if you mine on laptops.
TL:DR, The HDD will get used more and that will make it age faster. It's safe but less recommend then doing it on a desktop.
I mine with a laptop, using another laptop HDD hooked up through USB. Haven't had any issues.
@ByteBank payouts, well, bytebank is discontinued, and buy back order is at 5k (sell price). If there isn't an order atm, just wait, i'll get crowetic onto it.
Well, There is no problem in doing it, but the lifespan of a laptop HDD is lower
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If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
...
Transactions per block are limited and data per transaction is limited ... blockchain can only grow within its parameters (max: ~90MB day / ~30GB year) ... you want us to make no transactions to keep the blockchain small? It would be very good for burst, if all available transactions would be 100% used ... even if the demand is higher than available ... that would increase transaction fees (mining rewards) ...
I know that 100% usage of the bursts transactions would benefit Burst, but if the blockchain would grow with 30GB/Year you would have a bigger blockchain then bitcoin after only 2/3 a single year.
I support what you are doing, it's a nice way of adding more features to burst, but it's going to make it harder for new people to join.
A fully utilized Bitcoin Blockchain would grow at around 1TB/week, or around 150GB/day. Fully utilized Bitcoin blocks are unlikely to happen, and likewise fully utilized Burstcoin blocks are also unlikely to happen. At full utilization of the blockchain the size of the Bitcoin blockchain would increase at around 1666x the pace of the Burstcoin chain.
Look at realistic usage rather than the extreme end use cases.
H.
Yeah i know, but a huge blockchain does not benefit bitcoin or burst. I can't say what realistic usage would look like, but a huge blockchain dose not benefit. That said i still support what you guys are doing.
Btw, thanks for creating that buy order.