Bitcoin Forum
October 17, 2018, 05:26:12 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Blockchain - limit  (Read 1206 times)
matthewcampbell
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
October 16, 2017, 05:17:20 AM
 #21

Hi guys,

all the transaction are safed in the Blockchain, how is it made that the blockchain won't be "to big" one day?

Probably what would happen is less nodes would store the full transaction history. Then most client nodes would just run a portion of the historical data. This is how Ethereum Geth does it, the full chain is 300-400GB but its less then 10GB for most clients since it doesn't have full transaction history
1539797172
Hero Member
*
Offline Offline

Posts: 1539797172

View Profile Personal Message (Offline)

Ignore
1539797172
Reply with quote  #2

1539797172
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539797172
Hero Member
*
Offline Offline

Posts: 1539797172

View Profile Personal Message (Offline)

Ignore
1539797172
Reply with quote  #2

1539797172
Report to moderator
1539797172
Hero Member
*
Offline Offline

Posts: 1539797172

View Profile Personal Message (Offline)

Ignore
1539797172
Reply with quote  #2

1539797172
Report to moderator
1539797172
Hero Member
*
Offline Offline

Posts: 1539797172

View Profile Personal Message (Offline)

Ignore
1539797172
Reply with quote  #2

1539797172
Report to moderator
i-synthestech
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
October 16, 2017, 08:14:30 AM
 #22

can it turn out that some day blockchain will introduce some limits?

matthewcampbell
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
October 17, 2017, 05:18:41 AM
 #23

can it turn out that some day blockchain will introduce some limits?

Not really possible, it will have to grow in size otherwise the blockchain would finish. They can do things to optimize the size, like not giving the full history to all users
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!