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CryptoEasy
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#cryptoquestionoftheday
January 08, 2019, 12:17:05 PM
Last edit: January 08, 2019, 12:58:07 PM by CryptoEasy
#1
Hi everybody!
For everybody looking to get themselves more into Crypto and Blockchain we decided to bring you each day one of the top questions related to Crypto and Blockchain from the biggest search engine
.
Also feel free to post your open questions so we can answer them!
We start today with the question of "
How long is the Bitcoin Blockchain?
"
Although the blockchain is now over 198 GB in size and growing at an increasing rate, because the block size is capped at 1 MB (and with 1 block approximately every ten minutes), this means that the blockchain can grow by at most 525,600 / 10 = 52,560 MB or ~ 52.5 GB per year (discounting leap year).
Source (updated):
https://bitcoinmagazine.com/articles/how-to-ensure-network-scalibility-fighting-blockchain-bloat-1415304056/amp/
#AllYouCanAsk
khaled0111
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Top Crypto Casino
Re: #cryptoquestionoftheday
January 08, 2019, 12:29:31 PM
Last edit: January 08, 2019, 01:47:41 PM by khaled0111
Merited
by
ABCbits
(1)
#2
Which blockchain exactly?? I assume you are talking about bitcoin blockchain.
If so, you should update your information (the post from where you got this was posted in 2014). The last time I checked it, bitcoin blockchain size was more than 150 Gb.
Besides, blockchain is not measured by its length (otherwise, we should use meter/foot instead of byte)
If you intend to post more topics like that, at least make more effort when collecting informations.
Copy pasting is against forum rules, you have to post a link to the original post.
Source:
https://bitcoinmagazine.com/articles/how-to-ensure-network-scalibility-fighting-blockchain-bloat-1415304056/amp/
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CryptoEasy
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Re: #cryptoquestionoftheday
January 08, 2019, 12:46:15 PM
#3
Hey there!
Thanks for your reply. Exactly, today we cover the size of the Bitcoin Blockchain like mentioned. Actually the size is more than 198 GB as of yesterday. Regarding the wording - that's straight what people ask, no adjusting.
Hope you will be happy with the upcoming posts!
r1s2g3
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I am alive but in hibernation.
Re: #cryptoquestionoftheday
January 08, 2019, 01:11:32 PM
#4
Quote from: CryptoEasy on January 08, 2019, 12:46:15 PM
Hope you will be happy with the upcoming posts!
I am not happy with your service.
1. I did not like twitter hashtag in the title.
2. From post above it become evident you yourself lacking on knowledge.
3. Help somebody who is actually asking a question. Do not start putting random questions and answers for sake of posting.
I am alive
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