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Is data usage a big problem for Bitcoin?
by emptyfile 8y ago
Is data usage a big problem for Bitcoin?
- akhilcacharya 8y agoIt was for me for a while - I refused to download the entire blockchain. With that said, there have long been mitigations for end users with local wallets.
- fabianfabian 8y agoNot really. The biggest problem is getting more of the participants of the network bootstrapped with a fully validating node. Most people right now choose to rely on others instead which defeats the purpose of Bitcoin and makes the network overall insecure.
- FabHK 8y agoThe chain is, what, 200 GB now?
- CyberDildonics 8y agoIt isn't even close to a big problem. Better design is great, but anyone who can watch youtube can still sync to any current cryptocurrency chain. Most people never will though, since there isn't much trust involved in using a chain on a server.
- ponyous 8y agoYeah, I can't run a node without 200GB+ of free storage space. No way I do it on the phone for example.
- polyomino 8y agoYou can bootstrap a node without storing the blockchain. You have to download it though to build up and validate the unspent transaction outputs which are < 1 gb iirc.
- drexlspivey 8y agoI run a node on a raspberry pi. You don't have to store the blocks after you validate them, it's called pruning.