This is a non issue - until we get some real big transaction volume and that isn't going to happen for a number of years.
We won't get some real big transaction volume because of this issue.
Topic: Once again, what about the scalability issue? - page 8. (Read 11259 times)
We won't get some real big transaction volume because of this issue.
This is a non issue - until we get some real big transaction volume and that isn't going to happen for a number of years.
The original white paper mentioned the number of visa transactions in a day as a guide, and the infrastructure of bitcoin allows for it to be managed with no real problems. However, what isn't being added to the mix is Moore's Law which is also going to help the whole chain be managed without serious pruning.
In general, there is nothing to see here!
The original white paper mentioned the number of visa transactions in a day as a guide, and the infrastructure of bitcoin allows for it to be managed with no real problems. However, what isn't being added to the mix is Moore's Law which is also going to help the whole chain be managed without serious pruning.
In general, there is nothing to see here!
Blockchain size - 8.14 GB
Wait the blockchain is still growing :O I thought the removing of dust was going to solve all scalability problems
I guess Gavin was wrong./sarcasm
Blockchain size - 8.14 GB
Wait the blockchain is still growing :O I thought the removing of dust was going to solve all scalability problems
I guess Gavin was wrong./sarcasm
Removing of dust was done to earn a few years before majority sees that Bitcoin has a lot of scalability issues.
/imho
Blockchain size - 8.14 GB
Once again, people are working on scalability. Donate if you really care about the problem and want to help:
http://utxo.tumblr.com/
http://utxo.tumblr.com/
It will be a great milestone once we are able to run full nodes without having to worry about the growing size of the full blockchain.
There's still plenty of time for this to be implemented. I'm not worried. Until then, people who don't want to download the full blockchain can rely on the 3rd party nodes/exchange services that we have now.
There's still plenty of time for this to be implemented. I'm not worried. Until then, people who don't want to download the full blockchain can rely on the 3rd party nodes/exchange services that we have now.
It's expected that local disk usage measurements will vary, due to whether you include the leveldb sizes in your amount or not, and how many orphaned blocks you have.
Blockchain.Info says 8280 MB, it's 8.09 GB.
Hm cool, but on my harddrive the chain requires 9,81 Gigabyte. This is the size of my folder "blocks". So how can that be?Internal structures of ur wallet software add some overhead.
Yes this is the number 1 issue with bitcoin
No it hasn't been solved
All posts about SPV can be ignored; the idea of SPV is fundamentally flawed
Right now bitcoin remains unscalable, this issue still hasn't been solved
As a side note, just because a developer is well known and established in the community, it doesnt mean everything he says is correct. The only proven genius behind bitcoin is Satoshi, who created it, and he left the project long ago.
Yes what Im saying is controversial. I've been saying the same thing for months now. Anyway, deal with it.
No it hasn't been solved
All posts about SPV can be ignored; the idea of SPV is fundamentally flawed
Right now bitcoin remains unscalable, this issue still hasn't been solved
As a side note, just because a developer is well known and established in the community, it doesnt mean everything he says is correct. The only proven genius behind bitcoin is Satoshi, who created it, and he left the project long ago.
Yes what Im saying is controversial. I've been saying the same thing for months now. Anyway, deal with it.
Question. How can it be, that everyone has another size for the block chain. I read here sometimes about 11Gig, now you have 8,09. I have 9,79? From which factors the size it dependend?
Blockchain.Info says 8280 MB, it's 8.09 GB.
Offchain transactions allows Bitcoin to scale. Sure, it has it's own drawbacks too, like how it requires trust, but it is still a solution.
bitcoin is made for criminals, it wasn't intended to grow big for mainstream transacting
satoshi said this in the early days
satoshi said this in the early days
Question. How can it be, that everyone has another size for the block chain. I read here sometimes about 11Gig, now you have 8,09. I have 9,79? From which factors the size it dependend?
Blockchain.Info says 8280 MB, it's 8.09 GB.
maybe im wrong, but i have yet to hear of someone having a practical problem with the blockchain size.
Try to download the blockchain on a new computer.
That's nice, you've completely ignored all the recent work Peter Wuille has done with ultraprune, which sets the stage for pruning the currently 8GB blockchain...
Is there any result?
Welcome to my ignore list you lousy ingrate.
Noone cares about ur ignore list.
I just bought a 3 TB hard drive for cheap.
Next year I might buy a 4 TB for cheap.
Ostrich policy suits me fine.
Next year I might buy a 4 TB for cheap.
Ostrich policy suits me fine.
Ok, but forget about world-wide adoption and 1 BTC for 1000$ then.
I just bought a 3 TB hard drive for cheap.
Next year I might buy a 4 TB for cheap.
Ostrich policy suits me fine.
Next year I might buy a 4 TB for cheap.
Ostrich policy suits me fine.
bitcoin has never synced up on my computer and now i know why it's too big and buggy
NYC;)
this Peter Wuille ? lol :
http://www.youtube.com/watch?v=LSNn4HEDYWs
I've synced from scratch almost a dozen times over the past few years without any trouble.NYC;)
this Peter Wuille ? lol :
http://www.youtube.com/watch?v=LSNn4HEDYWs
You get to be on my ignore list too.
It seems to me Bitcoin core devs prefer ostrich policy. The blockchain keeps growing, pruning is not implemented yet (is it possible btw?), Gavin spoke about everything except the scalability issue on Bitcoin 2013 conference...
Is there any progress? Or is the game over?
That's nice, you've completely ignored all the recent work Peter Wuille has done with ultraprune, which sets the stage for pruning the currently 8GB blockchain that takes up a whopping 1.6% of my laptop's hard disk (at this rate it doesn't matter if it takes him another year or two to fully implement pruning). Not to mention his fast signature checking implementation.Is there any progress? Or is the game over?
Gavin's recent payment protocol work is equally important, and maybe he isn't personally working on these things simply because Peter already is.
Welcome to my ignore list you lousy ingrate.
maybe im wrong, but i have yet to hear of someone having a practical problem with the blockchain size. i hear a lot of gloom and doom, but never examples of something that someone tried to do but was unable to do because of the size.
additionally, it seems that there are already people making work arounds for what they believe to be limitations in the protocol, and they are making money off of it.
so its always a good idea to keep your eye on the future, but this seems like a fear regarding the free market's ability to cope with obstacles more than a fear that bitcoin will someday break.
additionally, it seems that there are already people making work arounds for what they believe to be limitations in the protocol, and they are making money off of it.
so its always a good idea to keep your eye on the future, but this seems like a fear regarding the free market's ability to cope with obstacles more than a fear that bitcoin will someday break.
Blockchain size - 8.09 GB
Question. How can it be, that everyone has another size for the block chain. I read here sometimes about 11Gig, now you have 8,09. I have 9,79? From which factors the size it dependend?
http://blockchain.info/charts/blocks-size
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