92 gigs? Wowwzers.

[HITTI2]

Last time I recalled it was at like 52 or something.

[ajaxmoor]

Whats the point of downloading the entire source or the heavy hard drive hitting wallets and not just the light wallets ? Is it because that allows you to host a node ?

[DannyHamilton]

Last time I recalled it was at like 52 or something.

Then it's been a year since the last time you looked at it. It hasn't been since late 2015.

If the blocks are all full, then the blockchain grows by about 52.6GB per year.  Empty blocks and blocks that are less than 1 MB in size occur frequently, so the actual growth over the past year has been more like 39GB.

[cpfreeplz]

It still costs under $50 to store the Blockchain in full. I don't see it ever being a big deal. + not everyone has a node so doesn't technically need it  we'll see a bigger Blockchain if the block size is raised and more transactions start going through.

[richardsNY]

It's growing in a quick fashion, that's right. But I am still happily running a full node on my home computer. Currently I am in fact running out of space on my 1TB drive, but will upgrade to 3TB very soon. I however wonder what is the quickest way to work. Is it better to copy the entire blockchain that I currently have on my computer, or should I download everything from scratch?

[magemist]

At this rate it will a terabyte by 2020

[HITTI2]

I however wonder what is the quickest way to work. Is it better to copy the entire blockchain that I currently have on my computer, or should I download everything from scratch?

No need to download from scratch. Well, fully download I mean, no need. You can follow the below guide. And am sure there are other guides too.

https://bitcointalk.org/index.php?topic=1310261.0

I do indeed have a backup of my bitcoin to a second hdd. Depending what you need to do etc.

[Meuh6879]

Last time I recalled it was at like 52 or something.
-pic-

to small ... boya ... !

https://www.amazon.com/Samsung-850-EVO-2-5-Inch-MZ-75E2T0B/dp/B010QD6W9I/




Nothing is too big for the blockchain.

[HITTI2]

Last time I recalled it was at like 52 or something.
-pic-

to small ... boya ... !

https://www.amazon.com/Samsung-850-EVO-2-5-Inch-MZ-75E2T0B/dp/B010QD6W9I/




Nothing is too big for the blockchain.

Dat price is too big for the blockchain.

[Meuh6879]

in 2 years, no.

[DannyHamilton]

At this rate it will a terabyte by 2020

You aren't very good at maths are you?

The current size is less than 100 GB.

The current rate of growth is less than 2.7 GB per month.

There are 39 more months until 2020.

Less than 2.7 GB per month times 39 months is less than 105.3

At this rate it will grow by less than 105.3 GB by 2020.

Current size (less than) 100GB plus less than 105.3 GB of growth means that:

At this rate it will be less than 205.3 GB by 2020.

At this rate it will be a terabyte by 2045.

[MingLee]

At this rate it will a terabyte by 2020

You aren't very good at maths are you?

The current size is less than 100 GB.

The current rate of growth is less than 2.7 GB per month.

There are 39 more months until 2020.

Less than 2.7 GB per month times 39 months is less than 105.3

At this rate it will grow by less than 105.3 GB by 2020.

Current size (less than) 100GB plus less than 105.3 GB of growth means that:

At this rate it will be less than 205.3 GB by 2020.

At this rate it will be a terabyte by 2045.

Some people have a hard time with math you know, you can't always make fun of them for their disabilities 

I still don't understand how people can mess math like that up, however it should be noted that there is a slight compounding growth experienced by the blockchain, and so it might be something like 2035/2040 that it hits 1TB. I could be wrong about that though.

[7788bitcoin]

This is assuming we are keeping the blocksize at 1Mb. What if we increase it to 2MB or 16Mb or unlimited? Also, the price of storage and bandwidth is going down. It is going to be interesting in the coming 5 years.

[DannyHamilton]

it should be noted that there is a slight compounding growth experienced by the blockchain, and so it might be something like 2035/2040 that it hits 1TB.

Obviously if the rate is different then the date will change, but the statement wasn't about attempting to predict future growth rates.  The statement was about what would happen if it continued at this rate.

That being said...

Please explain. What is the cause of the compounding growth? I'm not aware of any.

It's difficult to predict how many blocks will be less than full in the future.  If EVERY block is COMPLETELY full from now on, then the rate of growth will be about 4.38 GB per month.  Unless the maximum allowed blocksize (or the average time between blocks) is changed in the future, the blockchain won't grow any faster than that.

[HITTI2]

in 2 years, no.

I give it year or less

http://www.tomshardware.com/news/samsung-ssd-hdd-sata-nvme,32762.html

[Slark]

If the blocks are all full, then the blockchain grows by about 52.6GB per year.  Empty blocks and blocks that are less than 1 MB in size occur frequently, so the actual growth over the past year has been more like 39GB.

Interesting correlation, so maximum blockchin's growth it is like 1 GB per week since we have 52 weeks in a year.
I thought that there can't be empty blocks or blocks which are less than 1MB and every block is always filled to the max.

[justspare]

Last time I recalled it was at like 52 or something.

Then it's been a year since the last time you looked at it. It hasn't been since late 2015.

If the blocks are all full, then the blockchain grows by about 52.6GB per year.  Empty blocks and blocks that are less than 1 MB in size occur frequently, so the actual growth over the past year has been more like 39GB.

Yeah that is about right, but I just don't see why people want to download the whole thing. If I wanted to download it, it would take a day or two seeing as the internet speeds in Australia are f*cking sh*t.

At this rate it will a terabyte by 2020

You better go back to year 1 and re-learn your multiplication. how does 52 times 4 equal 900? What the hell is this.

[Wind_FURY]

There are a lot of people in this forum who deny this as a problem or a potentially serious problem in the future. Yes storage is becoming cheaper and cheaper every year but does that really solve the problem of the bloating blockchain? There is also a concern that bandwidth is a bigger problem than storage.

There should be solutions made in Bitcoin itself and I am confident that the core developers will find a good way.

[Yakamoto]

There are a lot of people in this forum who deny this as a problem or a potentially serious problem in the future. Yes storage is becoming cheaper and cheaper every year but does that really solve the problem of the bloating blockchain? There is also a concern that bandwidth is a bigger problem than storage.

There should be solutions made in Bitcoin itself and I am confident that the core developers will find a good way.

Well the question becomes what can we do to fix the size of the blockchain? That's one of the only ways that the blockchain makes sure everything happens, and so you can't just take that away and expect nothing to break.

Is there a way to condense the data or something?

[Wind_FURY]

There are a lot of people in this forum who deny this as a problem or a potentially serious problem in the future. Yes storage is becoming cheaper and cheaper every year but does that really solve the problem of the bloating blockchain? There is also a concern that bandwidth is a bigger problem than storage.

There should be solutions made in Bitcoin itself and I am confident that the core developers will find a good way.

Well the question becomes what can we do to fix the size of the blockchain? That's one of the only ways that the blockchain makes sure everything happens, and so you can't just take that away and expect nothing to break.

Is there a way to condense the data or something?

The core developers should find a way to improve the blockchain pruning methods and also work together with 3rd parties to have a good implementation of off chain transactions. Off chain transactions will hit 2 birds with one stone. It will help scale Bitcoin and it will handle the load away from bloating the blockchain.