Bitcoin Forum

A way to compress the "full node" blockchain. This incentivizes full nodes to run, as well as put less hardware costs on miners.

https://github.com/cyberdust/core-node/wiki/White-Paper

Go to the portion on compression of the blockchain (#8) if you want to skip to the meaty part.

https://bitcointalk.org/index.php?topic=1862498.0

That post isn't really specific on what is being done, can you elaborate?

I want to see a system were the coins are autonomous so that the network becomes separated from the coins themselves
and can transact with lots of new coin/token as they come along even if we have to go semi-centralized which we are already
anyway since ten big miners conduct 90% of all transactions anyway

mini pools all over the place does not really deal with scale-ability and already we have a 200gb database that is getting
far to big to work on the average desk-top PC

PoW is not used on digits flying around in the VISA debit card system and we have 1000 X more CPU power than they have
so maybe a system of nodes (cheap cell phones included) could provide a secure Tor type network to keep Big-Brother and government out
and then we just need a way of allowing the banks (Much like coinbase already) to hold the coins but not ever own them because the coins have a private
key to a hash of hashs so they cannot un-lock the coin

Don't know, above my pay grade but was i to be younger then I would put a few brain cells to work on this

 

It's not that simple, there's technical challenges involved and complexity

Yeah you could do that, but the blockchain currently grows infinitely, so at some point you will also need "infinite" processing power

They are already kind of implementing the solution by increaisng the mining fees . That solution might not turn out to be good for the future causes and investments . Other solution that is on its way are the upcoming forks that would considerably help to solve the "massive" blockchain  growth .