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Unfortunately there seem to be scalability issues with Bitcoin. Currently each node needs to know about every transaction that ever happened. The size of my .bi
by gst 16y ago
Unfortunately there seem to be scalability issues with Bitcoin. Currently each node needs to know about every transaction that ever happened. The size of my .bitcoin directory is currently around 100 MB. So with more users the high amount of transactions might become an actual problem.
There's also some discussion on the bitcoin forum about this issue: http://www.bitcoin.org/smf/index.php?topic=286.0 http://www.bitcoin.org/smf/index.php?topic=286.0
- hippich 16y agoOnce I got to this idea, I heard about longest chain. So we can randomly cut existing chain keeping it at safe length. It could be done even per client (server will store the whole chain, while smartphones will keep only "safe"-length chain) Anyway, all of this is just implementation problem which, I believe, could be solved.