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I started to read about Ethereum and installed the Wallet but I dont understand why the blockchain size increases so big and how fast ? It downloaded 500MB on
by id122015 10y ago
I started to read about Ethereum and installed the Wallet but I dont understand why the blockchain size increases so big and how fast ?
It downloaded 500MB on my SSD and I stopped it, I've read that it has to download about 15GB. Thats too much for me. Do the other projects download such big blockchains also ? I mean 15GB for each project ?
- drcode 10y agoYes, this is an issue with ethereum. However: 1. Geth/Mist now supports a "light client" mode that requires much less storage and maintains most of the strong crypto guarantees. 2. Most of the size problem is due to the complexity in efficiently optimizing the serialized data, this will improve in the near future. 3. Ethereum is on the forefront of research into scalable blockchain technology, which has the potential to resolve this problem.
- deleted 10y ago[deleted]
- heliumcraft 10y agoIf you use a light client the actual size is around 30 MB and takes ~30 seconds. If by "each project" you mean ethereum projects, then no since they share the same chain.
- tromp 10y agoPopular cryptocurrencies process many thousands of transactions per hour, and many wallets choose to retain a large fraction of that data. In which case a few years of operations easily yields dozens of GB of storage. In theory though, through the magic of Merkle trees, a superlight client could get away with needing only a few KB of storage, accounting for the paths through the Merkle tree that witness its spendable outputs. A discussion about such a setup for Bitcoin can be found for instance at https://bitcointalk.org/index.php?topic=88208.msg1896213#msg1896213 https://bitcointalk.org/index.php?topic=88208.msg1896213#msg... I don't know of any crypto-currencies that have implemented these UTXO commitments that would allow for such wallets though...