Bitcoin Forum
May 27, 2024, 12:21:32 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: wot if blockchain got to 100 terabit wot then  (Read 1648 times)
maku
Legendary
*
Offline Offline

Activity: 1288
Merit: 1000



View Profile
March 12, 2015, 12:13:51 AM
 #21

Can I just clarify for those reading this and thinking that to use Bitcoin they need to download bitcoin core and wait for hours to download the whole blockchain. This isn't the case at all.
If you want to get started using bitcoin download a light wallet like multibit and leave downloading the blockchain to the miners.

Also, if you are already using core but you don't like it or it's taking up too much space or it's too slow or it's downloading transactions everytime you load it up. It's easy to move your coins to a light wallet and you can just delete the blockchain and uninstall core.
I would like to to that as I downloaded Core just because it was top listet walled when I started to use bitcoin in the past. I did not know difference between wallets back then. I thought that they all need to download whole blockchain to be fully operative. And now I want to ask: it is possible to keep my addresses from Bitcoin Core and export them to different wallet?
Hfleer
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


Changing avatars is currently not possible.


View Profile
March 12, 2015, 12:16:59 AM
 #22

Can I just clarify for those reading this and thinking that to use Bitcoin they need to download bitcoin core and wait for hours to download the whole blockchain. This isn't the case at all.
If you want to get started using bitcoin download a light wallet like multibit and leave downloading the blockchain to the miners.

Also, if you are already using core but you don't like it or it's taking up too much space or it's too slow or it's downloading transactions everytime you load it up. It's easy to move your coins to a light wallet and you can just delete the blockchain and uninstall core.
I would like to to that as I downloaded Core just because it was top listet walled when I started to use bitcoin in the past. I did not know difference between wallets back then. I thought that they all need to download whole blockchain to be fully operative. And now I want to ask: it is possible to keep my addresses from Bitcoin Core and export them to different wallet?

Yes you can dump your private keys directly. Or you can import the wallet.dat in pretty much all light and online wallets.
Electrum, multibit and blockchain.info allows it for example.

█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
▓▓▓▓▓  BIT-X.comvvvvvvvvvvvvvvi
→ CREATE ACCOUNT 
▓▓▓▓▓
█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
Meuh6879
Legendary
*
Offline Offline

Activity: 1512
Merit: 1011



View Profile
March 12, 2015, 12:20:04 AM
 #23

1To per year to record an open worldwide network more valuable than the actual fiat system ?
it's cheap !
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1073


View Profile
March 12, 2015, 06:17:56 AM
 #24

Well.... Storage media are getting cheaper and bigger every year... I saw a 5TB HDD with external housing for $250 this weekend at a store.

The technology will also improve over time, and bigger drives will become the norm. When I started in computers.... we used no harddrives.... everything was run in RAM. {We used huge magnetic tapes to transfer information in chunks into RAM memory} My first computer {if you can call it that} was a ZX Spectrum 48k .... We used audio tape deck players to play analog sound, which was converted to digital and then stored in RAM. {48k... not even 1 MB}

My first personal computer had a 10MB harddrive {In those times, it was HUGE] So the technology keeps up with the need and demand.  Grin {Now some jpeg or pdf files are bigger than that}

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
Monetizer
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
March 12, 2015, 06:24:24 AM
 #25

I believe a lot of the size is required for the security of the bitcoin network... I think that because this is needed we will find a way to work around the fact of size, maybe we will all use a wallet that doesnt require a blockchain download like electrum?
Hfleer
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


Changing avatars is currently not possible.


View Profile
March 12, 2015, 06:58:23 PM
 #26

I believe a lot of the size is required for the security of the bitcoin network... I think that because this is needed we will find a way to work around the fact of size, maybe we will all use a wallet that doesnt require a blockchain download like electrum?

Not all can use a light wallet, because if noone uses full chain bitcoin can't work. So miners, wallet providers, service providers will always need full nodes. But that can be outsourced and sold via a company in the future.

█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
▓▓▓▓▓  BIT-X.comvvvvvvvvvvvvvvi
→ CREATE ACCOUNT 
▓▓▓▓▓
█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!