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Some thoughts on blockchain scalability and future research
- bufferoverflow 9y agoLarge blocks scale just fine. Even with today's consumer tech we can have gigabyte blocks. It takes 0.8 seconds to transfer over a 10-gigabit connection. Storage is cheap, 4TB drives are under $96. Modern CPUs are incredibly fast at cryptography. And all of it is constantly getting cheaper. And we won't need gigabyte blocks for a few years. Then if you look at cutting edge tech, we can already do terabyte blocks. https://www.reddit.com/r/btc/comments/7jtlm6/terabyte_blocks_could_be_transmitted_today/ https://www.reddit.com/r/btc/comments/7jtlm6/terabyte_blocks... http://blog.vermorel.com/journal/2017/12/17/terabyte-blocks-for-bitcoin-cash.html http://blog.vermorel.com/journal/2017/12/17/terabyte-blocks-...