3 ms·
> That means the blockchain grows at 52TB a year, significantly increasing the cost of maintaining a full node. Indeed, bigger blocks increase the cost of run
by tgsovlerkhgsel 6y ago
> That means the blockchain grows at 52TB a year, significantly increasing the cost of maintaining a full node.
Indeed, bigger blocks increase the cost of running a full node, but anyone who has a need to run a full node is likely processing many transactions each day, i.e. the increased cost of running a node is nothing compared to the transaction costs.
That's what I don't understand about the "oh, but full nodes will be more expensive" argument. Apparently, you can still run a node on a Raspberry Pi with a SSD attached to it, for a hardware cost of ~$200. That's less than the cost of 20 transactions (bitcoinfees.co, 6 blocks fee ~$12 right now). To me, that seems like the tradeoff between cost-to-run-a-node and cost-to-transact-on-chain has been chosen very poorly.