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Bitcoin => Bitcoin Discussion => Topic started by: Sir_lagsalot on December 12, 2015, 11:51:37 PM



Title: How big is a bitcoin?
Post by: Sir_lagsalot on December 12, 2015, 11:51:37 PM
Hey guys, just as the title says, what is the file size for a bitcoin? Does it vary, depending on what coin, or does the file size stay the same? I'm not talking about the size of a wallet.dat file, as those have other information kept inside. I want to know the size of the pure coin.

Does the coin change size the more it is transacted?
Does the coin's size vary if I compare a bitcoin to a litecoin?


Title: Re: How big is a bitcoin?
Post by: unamis76 on December 12, 2015, 11:58:50 PM
Bitcoins have no size. What is sizeable is the blockchain, and transactions are the ones who take up space.


Title: Re: How big is a bitcoin?
Post by: virtualx on December 13, 2015, 12:05:29 AM
Hey guys, just as the title says, what is the file size for a bitcoin? Does it vary, depending on what coin, or does the file size stay the same? I'm not talking about the size of a wallet.dat file, as those have other information kept inside. I want to know the size of the pure coin.

There is no file size of a bitcoin.  Bitcoin is just an abstraction that we use to make it easier to discuss the transfer of control of value. When it comes to actual transactions and blocks in the blockchain, there aren't really any "bitcoins".


Title: Re: How big is a bitcoin?
Post by: QuestionAuthority on December 13, 2015, 01:29:11 AM
Bitcoins are not individual files. Bitcoins are amounts at a Bitcoin address. I suppose you could say Bitcoins are as big as your wallet file.


Title: Re: How big is a bitcoin?
Post by: eddie13 on December 13, 2015, 01:34:32 AM
There are no coins.. Only wallets..


Title: Re: How big is a bitcoin?
Post by: franky1 on December 13, 2015, 01:57:13 AM
Hey guys, just as the title says, what is the file size for a bitcoin? Does it vary, depending on what coin, or does the file size stay the same? I'm not talking about the size of a wallet.dat file, as those have other information kept inside. I want to know the size of the pure coin.

Does the coin change size the more it is transacted?
Does the coin's size vary if I compare a bitcoin to a litecoin?

a bitcoin is not physical.. however a value(part of a transaction) is measured in satoshi's

so one bitcoin is 100000000 satoshi's (nine bytes) however those 9 bytes are useless by themselves, they need a transaction to inform where it can from where it is going to and proof that where it came from belonged to you. and so this tx data can be on average 500bytes.

moving 100000000 satoshi's is 9 bytes no matter how many hands it has passed, but if you split it up into multiple transaction not only will the tx data increase
but also the byte value of bitcoin
EG
10x0.1btc=
10000000 (8bytes)
10000000 (8bytes)
10000000 (8bytes)
10000000 (8bytes)
10000000 (8bytes)
10000000 (8bytes)
10000000 (8bytes)
10000000 (8bytes)
10000000 (8bytes)
10000000 (8bytes)

so although the total is 1btc. your now moving 80bytes and with the transaction data to validate it moving to 10 addresses. you are talking a few kbytes now

as for the btc ltc question
a satoshi (0.00000001)btc is the same 1byte as a coblee (0.00000001)ltc
a bitcoin (100000000)sat is the same 1byte as a litecoin (100000000)cob
and the tx data to prove it is much the same

so in short.
1 bitcoin or 1 litecoin is 9bytes. but useless as those nine bytes
1satoshi or 1 coblee is 1byte. but useless as one byte.

analogy:
a bank note is just a piece of special paper.. on its own its useless.. without special words connected to it to validate that it is a bank note... its just paper


Title: Re: How big is a bitcoin?
Post by: mobnepal on December 13, 2015, 02:29:33 AM
Bitcoin is a value recorded in public ledger (in every computer or wallet) for a bitcoin address so it will not have size. Block size is the one which have space.


Title: Re: How big is a bitcoin?
Post by: BirtRenaldsFan on January 01, 2016, 02:01:44 AM
Right now its in 400 range.


Title: Re: How big is a bitcoin?
Post by: cryptothreads on January 01, 2016, 02:40:49 AM
It is grow bigger . Def. get in while you can for sure!


Title: Re: How big is a bitcoin?
Post by: lahm-44 on January 01, 2016, 02:41:35 AM
there is acctually no size but we have made a scale to mesure the transaction values. bitcoin has a lot of develpopers and peoples here are expert in their special skills and thats makes bitcoin a size generator insted of just size holding.we have thought a lot and still there is a lot lefteveryone is the member of bitcoin community who are present in this forum and here peoples are from around the world.i still trust on the satoshi nakamotos untold vision .i know what can happen if everyone spend their life to improve their favorute skills it can surely resolve all the problrms just need a little time


Title: Re: How big is a bitcoin?
Post by: maokoto on January 01, 2016, 02:55:06 AM
Well, perhaps the way to put a size on it is to determine how much does the blockchain grows once a new Bitcoin is generated. The size of that initial transaction that creates the Bitcoin might be considered the "base" size of a Bitcoin.

If all Bitcoins were mined and they were not transferred (just locally to the miner's wallet) blockchain will still have a certain size. If we divided that size by the number of bitcoins... would not that be the (minimum) size of a Bitcoin?


Title: Re: How big is a bitcoin?
Post by: franky1 on January 01, 2016, 03:14:20 AM
Well, perhaps the way to put a size on it is to determine how much does the blockchain grows once a new Bitcoin is generated. The size of that initial transaction that creates the Bitcoin might be considered the "base" size of a Bitcoin.

If all Bitcoins were mined and they were not transferred (just locally to the miner's wallet) blockchain will still have a certain size. If we divided that size by the number of bitcoins... would not that be the (minimum) size of a Bitcoin?

what like 1mb per 25btc block solved..
but thats hard to measure as couple years ago a block gave 50btc and had less than 0.4btc average..
next  year the block limit will increase and the reward will halve..

and if your not going to just calculate the block reward vs the block.. and just wait till 2014 and then divide 21m by the total chain size.. that wont work either as transactions spend the exact same satoshi's many times a year.

the best logical answer is that a satoshi  1 is one byte and bitcoin is 100000000 9 bytes as recognised behind the scenes in the code.. or 10 bytes 1.00000000 as recognised front end in the gui



Title: Re: How big is a bitcoin?
Post by: target on January 01, 2016, 03:26:56 AM
is the point of this question will result to have a program calculating file size?

Well, perhaps the way to put a size on it is to determine how much does the blockchain grows once a new Bitcoin is generated. The size of that initial transaction that creates the Bitcoin might be considered the "base" size of a Bitcoin.

If all Bitcoins were mined and they were not transferred (just locally to the miner's wallet) blockchain will still have a certain size. If we divided that size by the number of bitcoins... would not that be the (minimum) size of a Bitcoin?

what like 1mb per 25btc block solved..
but thats hard to measure as couple years ago a block gave 50btc and had less than 0.4btc average..
next  year the block limit will increase and the reward will halve..

and if your not going to just calculate the block reward vs the block.. and just wait till 2014 and then divide 21m by the total chain size.. that wont work either as transactions spend the exact same satoshi's many times a year.

the best logical answer is that a satoshi  1 is one byte and bitcoin is 100000000 9 bytes as recognised behind the scenes in the code.. or 10 bytes 1.00000000 as recognised front end in the gui



and you'd have to re-edit the codes every halving.


Title: Re: How big is a bitcoin?
Post by: PakistanHockeyfan on February 06, 2016, 01:50:54 AM
Doesn't really have a size. In terms of cash it does. About 300-400 USD right now


Title: Re: How big is a bitcoin?
Post by: Ueshiba on February 06, 2016, 03:01:07 AM
I found this Khan Academy series an excellent overview of blockchain for beginners:

Link to Videos (https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/bitcoin/v/bitcoin-what-is-it)


Title: Re: How big is a bitcoin?
Post by: heldertb on February 06, 2016, 03:07:47 AM
Hey guys, just as the title says, what is the file size for a bitcoin? Does it vary, depending on what coin, or does the file size stay the same? I'm not talking about the size of a wallet.dat file, as those have other information kept inside. I want to know the size of the pure coin.

Does the coin change size the more it is transacted?
Does the coin's size vary if I compare a bitcoin to a litecoin?

bitcoin is no size . bitcoin is only depended on coin not size and we can see bitcoin size  and after coin. how much price increase every day. only we can see


Title: Re: How big is a bitcoin?
Post by: Soros Shorts on February 06, 2016, 03:39:02 AM
bitcoin is no size .

I can guarantee that if you've been hitting up faucets and collecting enough Satoshis to add up to one Bitcoin then you would have one very large Bitcoin on the blockchain.


Title: Re: How big is a bitcoin?
Post by: Funny on February 06, 2016, 04:38:32 AM
I think the more sources a coin have the larger it is... So for example a newly mined coin would be much smaller than a coin that has been circulated for years.


Title: Re: How big is a bitcoin?
Post by: DannyHamilton on February 07, 2016, 05:48:45 PM
bitcoin is no size .
I can guarantee that if you've been hitting up faucets and collecting enough Satoshis to add up to one Bitcoin then you would have one very large Bitcoin on the blockchain.

Here is an actual transaction from the blockchain represented in hexadecimal sending 0.099 BTC to 1NScWjpKqfLkAf2q9tMXhansZQRpM5HUS3 and paying a 0.001 BTC fee, for a total of 0.1 BTC spent from the sender's wallet. It is 192 bytes long.  I've color coded each piece of data to match up with my color coded descriptions that follow. Each byte is represented with 2 hexadecimal digits, so the string of numbers and letters below is 384 digits:

You can look at the pieces of the transaction and decide for yourself how big you think "a bitcoin" is.  The 8 bytes that franky1 was talking about are seen in the description below where I state:
  • 8 bytes indicating quantity of satoshis this output supplies to a transaction if it is used as an input in the future (0000000000970fe0)

But you'll also notice that the representation of the 0.01 BTC that is being spent is handled by 36 bytes that refer back to where the output was created, and the new 0.099 BTC output that is created by this transaction doesn't exist unless this entire 192 byte transaction exists.

Quote
000000010174c1ca3b4bdb3e58daaf87774a09495ae5316995e37b05d7aab21c
063c72a0b4000000076b483045022100e25ca2d2d56e50df86837a865184a1ef3
af0a0a301f3cfaee4a3db5ac237d62c02202d7f914835ac982b31d176e4ca8eb98b
caffa17a7e40a474084bd1b5e0b2e366012102fb624f78133dae97cf2269a1510f
bfbc0c7e45ce43fc629a7389ec1a7aab4676fffffffe010000000000970fe01976a914
eb32af5e891a586834b1411511a93747d06ad55f88ac00060ef2
(Note: Transactions in hex are typically represented in little-endian byte order.  This transaction has been converted to big-endian byte order so that the conversions from hex to decimal won't be as confusing to those that are unfamiliar with the differences between the two representations (http://betterexplained.com/articles/understanding-big-and-little-endian-byte-order/).)


  • 4 bytes version number (00000001)
  • 1 byte indicating quantity of inputs (01)
  • 32 byte transaction ID indicating where the 0.1 BTC input that is being spent was originally created as an output (74c1ca3b4bdb3e58daaf87774a09495ae5316995e37b05d7aab21c063c72a0b4)
  • 4 byte index indicating which output from that previous transaction is being spent as an input in this transaction (00000007)
  • 1 byte indicating the size of the Txin-script (6b)
  • First byte of Txin-script indicating size of the data to be pushed onto the stack (48)
  • 71 byte DER encoded ECDSA signature (3045022100e25ca2d2d56e50df86837a865184a1ef3af0a0a301f3cfaee4a3db5ac237d62c02202 d7f914835ac982b31d176e4ca8eb98bcaffa17a7e40a474084bd1b5e0b2e366)
    • In this case the DER encoded signature consists of:
    • 1 byte header indicating a compound structure (30)
    • 1 byte indicating the size of the rest of the signature (45)
    • 1 byte indicating that the following data represents an integer (02)
    • 1 byte indicating the size of the following integer (21)
    • 33 byte R coordinate (00e25ca2d2d56e50df86837a865184a1ef3af0a0a301f3cfaee4a3db5ac237d62c)
    • 1 byte indicating that the following data represents an integer (02)
    • 1 byte indicating the size of the following integer (20)
    • 32 byte S coordinate (2d7f914835ac982b31d176e4ca8eb98bcaffa17a7e40a474084bd1b5e0b2e366)
  • 1 byte hashtype code, SIGHASH_ALL (01)
  • 1 byte indicating the size of the data to be pushed onto the stack (21)
  • 33 byte compressed ECDSA public key (02fb624f78133dae97cf2269a1510fbfbc0c7e45ce43fc629a7389ec1a7aab4676)
  • 4 byte sequence number (fffffffe)
  • 1 byte indicating the quantity of outputs (01)
  • 8 bytes indicating quantity of satoshis this output supplies to a transaction if it is used as an input in the future (0000000000970fe0)
  • 1 byte indicating the size of the Txout-script (19)
  • 25 byte Txout-script (76a914eb32af5e891a586834b1411511a93747d06ad55f88ac)
    • In this case the Txout-script data consists of:
    • 1 byte Txout-script OP code, OP_DUP (76)
    • 1 byte Txout-script OP code, OP_HASH160 (a9)
    • 1 byte indicating the size of the public key hash (14)
    • 20 byte public key hash (eb32af5e891a586834b1411511a93747d06ad55f)
    • 1 byte Txout-script OP code, OP_EQUALVERIFY (88)
    • 1 byte Txout-script OP code, OP_CHECKSIG (ac)
  • 4 byte locktime (00060ef2)


Title: Re: How big is a bitcoin?
Post by: QuestionAuthority on February 12, 2016, 03:51:51 AM
Ok, Danny proved they're pretty small but how much do they weigh? lol


Title: Re: How big is a bitcoin?
Post by: DannyHamilton on February 12, 2016, 04:08:03 AM
Ok, Danny proved they're pretty small but how much do they weigh? lol

I'll get to work on that for you, but while I'm at it, I was wondering if you'd happen to know how many angels can dance on the point of point of a very fine needle, without jostling one another?


Title: Re: How big is a bitcoin?
Post by: tobacco123 on February 12, 2016, 04:10:11 AM
To me, the size is 256-bit, the size of the private key. You can do anything to the coin(s) with the key.

Quote
"In Bitcoin, a private key is usually a 256-bit number..." (Bitcoin Wiki)


Title: Re: How big is a bitcoin?
Post by: gkv9 on February 12, 2016, 09:32:10 AM
To me, the size is 256-bit, the size of the private key. You can do anything to the coin(s) with the key.

Quote
"In Bitcoin, a private key is usually a 256-bit number..." (Bitcoin Wiki)

Danny already gave the best definition of sizes the OP might have been asking about, as he seems to be talking sizes of transactions and not about the private key of any address...

According to me, the size of a coin depends upon how much one sends in a transaction and how much transaction fee is included, as that gets mixed up in a transaction block and those blocks are of different sizes having small and large - both types of transactions and fees...


Title: Re: How big is a bitcoin?
Post by: yenxz on February 12, 2016, 10:21:17 AM
Hey guys, just as the title says, what is the file size for a bitcoin? Does it vary, depending on what coin, or does the file size stay the same? I'm not talking about the size of a wallet.dat file, as those have other information kept inside. I want to know the size of the pure coin.

Does the coin change size the more it is transacted?
Does the coin's size vary if I compare a bitcoin to a litecoin?
thanks for post this,i never think that bitcoin have a size ;D and now  realize that i must be know about that,and some comment give me info,that the size about 256-bit,so small ;D


Title: Re: How big is a bitcoin?
Post by: avw1982 on February 12, 2016, 10:34:06 AM
Hey guys, just as the title says, what is the file size for a bitcoin? Does it vary, depending on what coin, or does the file size stay the same? I'm not talking about the size of a wallet.dat file, as those have other information kept inside. I want to know the size of the pure coin.

Does the coin change size the more it is transacted?
Does the coin's size vary if I compare a bitcoin to a litecoin?
thanks for post this,i never think that bitcoin have a size ;D and now  realize that i must be know about that,and some comment give me info,that the size about 256-bit,so small ;D

It doesn't have any size dude. It classify according to blocks. Its not segregates with coin or other thing.

Its purely independent without any size consideration.


Title: Re: How big is a bitcoin?
Post by: gregyoung14 on February 12, 2016, 10:43:48 AM
Bitcoins have no size. What is sizeable is the blockchain, and transactions are the ones who take up space.

Yepyep. This is what actually your miners mine for. Blockchains. And these blockchains we sell for companies who use them.


Title: Re: How big is a bitcoin?
Post by: fair_player on February 12, 2016, 11:04:58 AM

analogy:
a bank note is just a piece of special paper.. on its own its useless.. without special words connected to it to validate that it is a bank note... its just paper

This is perfect analogy not just for the "size" discussion but for the whole definition of bitcoin and cryptos itself. Well done, sir!  ;D


Title: Re: How big is a bitcoin?
Post by: fernforest on February 12, 2016, 08:04:20 PM
Satoshi defined a bitcoin as a chain of digital signatures, so it would have a size.


Title: Re: How big is a bitcoin?
Post by: romero121 on February 12, 2016, 08:25:26 PM
Bitcoin when consider physical also it does't have a specific size or weight. It purely based on the creator. According to me The bitcoin can be measured only on its value, if so bitcoin is very very.............very big


Title: Re: How big is a bitcoin?
Post by: reputedchain on February 13, 2016, 01:34:30 AM
Bitcoin when consider physical also it does't have a specific size or weight. It purely based on the creator. According to me The bitcoin can be measured only on its value, if so bitcoin is very very.............very big

Yeah, value matters, and not the size, and we all know what value bitcoin holds at a moment, so its the value of bitcoin that makes it bigger and bigger everyday, just remember big things comes in small packages.


Title: Re: How big is a bitcoin?
Post by: Albert Einstein on February 18, 2016, 09:32:49 AM
There is no set file size for a bitcoin. It does not have to be just one particular size