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Author Topic: Ethereum block chain approaching 300 GB  (Read 398 times)
ChromaticStar (OP)
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September 22, 2017, 04:34:12 AM
 #1

So when is the block chain size going to be a concern? It looks like ETHs blockchain is growing exponentially and most DAPPS aren't even running on it right now. While Vitalik is working on scaling solutions right now, will they be ready in time? At current growth rates, we'll be over 1 TB by this point next year.

https://etherscan.io/chart/chaindatasizefull

Currently, almost double that of BTC.

https://blockchain.info/charts/blocks-size?timespan=all
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.
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iluvbtc
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September 22, 2017, 04:53:53 AM
 #2

Buy EOS
ChromaticStar (OP)
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September 22, 2017, 11:50:34 AM
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Buy EOS

I am buying in on EOS, bit there's no guarantee they have it all figured out either.
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September 22, 2017, 11:58:37 AM
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All the initiatives I see in recent times in relation to ETH inspire me distrust these coins. Attempts to reform the mining new coins can lead to loss of confidence and capital outflows. Acne is trying to make the miners hostage to these coins. These plans can not be implemented. Fortunately, there are plenty of other suggestions.
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September 22, 2017, 12:01:26 PM
 #5

Buy EOS

I am buying in on EOS, bit there's no guarantee they have it all figured out either.

Agreed.  Let's hope that EOS pulls it off.

However, they never explained in their white paper how they will achieve parallel processing and millions of transactions per second.


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September 22, 2017, 12:07:12 PM
 #6

Buy EOS

I am buying in on EOS, bit there's no guarantee they have it all figured out either.

I think they will. I suppose that EOS is actually Vitalik's project which will become Ethereum 2.0 with good scaling abilities. It will perform as it should at summer 2018 and all dAPPS will migrate to it.

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September 22, 2017, 12:11:20 PM
 #7

Buy EOS

I am buying in on EOS, bit there's no guarantee they have it all figured out either.

I think they will. I suppose that EOS is actually Vitalik's project which will become Ethereum 2.0 with good scaling abilities. It will perform as it should at summer 2018 and all dAPPS will migrate to it.

Did I missed something. Isn't EOS a different project than Ethereum?



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September 22, 2017, 01:07:46 PM
 #8


Did I missed something. Isn't EOS a different project than Ethereum?

Yes, it is.  Maybe publicjud was saying that scaling to millions of transactions per second should have been Vitalik's project.

However, it's a lofty claim on EOS's part.  Sometimes, if it sounds too good to be true...



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