Possible Solution To The Growing Blockchain Size

[cyberdust]

A way to compress the "full node" blockchain. This incentivizes full nodes to run, as well as put less hardware costs on miners.

https://github.com/cyberdust/core-node/wiki/White-Paper

Go to the portion on compression of the blockchain (#8) if you want to skip to the meaty part.

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[mda]

https://bitcointalk.org/index.php?topic=1862498.0

[cyberdust]

That post isn't really specific on what is being done, can you elaborate?

[Anti-Cen]

I want to see a system were the coins are autonomous so that the network becomes separated from the coins themselves
and can transact with lots of new coin/token as they come along even if we have to go semi-centralized which we are already
anyway since ten big miners conduct 90% of all transactions anyway

mini pools all over the place does not really deal with scale-ability and already we have a 200gb database that is getting
far to big to work on the average desk-top PC

PoW is not used on digits flying around in the VISA debit card system and we have 1000 X more CPU power than they have
so maybe a system of nodes (cheap cell phones included) could provide a secure Tor type network to keep Big-Brother and government out
and then we just need a way of allowing the banks (Much like coinbase already) to hold the coins but not ever own them because the coins have a private
key to a hash of hashs so they cannot un-lock the coin

Don't know, above my pay grade but was i to be younger then I would put a few brain cells to work on this

 

[cyberdust]

It's not that simple, there's technical challenges involved and complexity

[cyberdust]

Yeah you could do that, but the blockchain currently grows infinitely, so at some point you will also need "infinite" processing power

[MoonJeina]

A way to compress the "full node" blockchain. This incentivizes full nodes to run, as well as put less hardware costs on miners.

https://github.com/cyberdust/core-node/wiki/White-Paper

Go to the portion on compression of the blockchain (#8) if you want to skip to the meaty part.

They are already kind of implementing the solution by increaisng the mining fees . That solution might not turn out to be good for the future causes and investments . Other solution that is on its way are the upcoming forks that would considerably help to solve the "massive" blockchain  growth .