ok so no one has really answered my question, wont the blockchain be absolutely massive with all these new features. even if everyone can upload max 256kb
Because its already been answered I asked it a while back.
But the idea is that fees are paid if you use more features and not everyone will download all data.. you will have supernodes which will download and host all data and get paid fees for it. Thin clients may not need to download them if they dont need to use the service.
Also the goal is to keep growth under the growth of storage efficiency that we are seeing.. any growth under it will be acceptable long term kind of like how 1 gig was a big deal 5 yrs ago but normal now.
What about longterm... would it be technically possible to implement some system that wipes old blockchain data, say once a year. This way keeping the wallet nice and small?
Ok so you have already developed a thin wallet? Is there going to be focus on design factors wth a sleek wallet?
And final question, is the marketplace completely decentralized? And is it possible to trace funds to ip? Or is there some kind of anonymity? Sorry for all the questions im just checking what my 15btc will get me.
EDIT: also, wth the trading if title deeds or certs, whats stopping people from just uploading a random word document and saying it's the certificate? The middle man is there to check if the document is legit, thats why we have brokers. Im sorry if some of these questions are already answered.
And do we have an ETA on the escrow system?
Thanks guys doing a good job. Would be good to see some more progress tho, it seems were seeing a load of marketing and flashy design but no real code or sample wallet.
Cheers
suchnekky