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2393d
If storage becomes a problem, couldn't BCH just create a new blockchain that just exports all the current stats from the current one to a new one then the storage would be almost "reset".
En Fri Mand
replied 2393d
or using Masterblocks: https://www.reddit.com/r/btc/comments/7om79i/masterblocks_scaling_blockchain_by_summarizing/

Then if some node(s) need old data, they can choose to keep it....
replied 2393d
Why the heck is BTC trying to use solve a problem that doesn't exist then??
Nikamoto
replied 2393d
You have to trust the "current state", if I want to join the network I can't verify it's correct. But if I have the whole chain I'm 100% every balance is correct
En Fri Mand
replied 2393d
A masterblock is like the genesis block. Starting from scratch. So there is no difference.
Nikamoto
replied 2393d
Let's say I join the network. I get a masterblock from miners saying I have no bch. I have to trust them I can't verify that fact. But if I have the whole blockchain I can verify
replied 2393d
How do you know you can trust the Genesis block?
En Fri Mand
replied 2393d
The whole network needs to accept that masterblock like a normal block ;O also the miner needs to complete the hash puzzle in order to create the masterblock in the first place.
Nikamoto
replied 2392d
Yup but still I need to trust this block is correct :/ I don't know "why" just I don't like the idea. Need to think about it more maybe
En Fri Mand
replied 2392d
I completely understand you. I have to too.
White men are people too
replied 2392d
How about the argument that since a genesis block is only one block, and there can be an unlimited number of masterblocks, it is easier to verify the genesis block?
En Fri Mand
replied 2393d
Because they are corrupt I guess.
En Fri Mand
replied 2393d
... others can reset when a masterblock is found.
Simon Van Gelder
replied 2393d
My thought was that Shatoshi's keys were being kept for a signing/re-initialization of the blockchain when/if size became an issue. Who wouldn't trust those keys?