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2314d · memo
Memo.cash : Now Your Shitposts Are Eternity
replied 2314d
All your shitposts belong to us. (Blockchain)
En Fri Mand
replied 2314d
Do you really think we will be storing the whole chain for eternity? Isn't it quite optimistic that nodes will store the full chain? If we imagine a future with 1GB or 1 TB blocks.
replied 2313d
I feel certain there will at least be archival services that allow perusal all the way to genesis block.
En Fri Mand
replied 2313d
I think you are right. Though we can potentially risk that it gets lost.
replied 2314d
By the time we get to TB blocks, i sure hope we have PB hard drives, and you don't have to download the whole block either way
En Fri Mand
replied 2314d
I think in the future different data will be split out on different nodes.
En Fri Mand
replied 2314d
We will definitely have some techniques in the future to skip full sync and still have the same security. If we don't store all blocks then it's not for eternity.
homopit
replied 2314d
Developers working on it - UTXO commitments. Some features of it might be in next upgrade in November. https://www.reddit.com/r/btc/comments/8olovh/first_utxo_commitment_on_testnet/
En Fri Mand
replied 2314d
Awesome! Didn't know that.
replied 2307d
Only miners needs full nodes anyways, TB blocks would have have block rewards of 10 000 BCH at 1 sat/byte, 4 billion transactions per block, unlikely in the next decades.