Post
Topic
Board Bitcoin Discussion
Re: Bigger blocks coming in release 0.11
by
jl2012
on 07/05/2015, 09:08:24 UTC
About time! Anyone whining about this need to get their marbles examined.


The blockchain size is already turning into a serious problem...  Don't speak with such a vicious tone when you don't know what you are talking about.
BlockChain is  already almost 40 GB of size, but this change is inevitable. There is no problem with our current terabyte hard disks to storage it. And you dont have to run full node wallet like Bitcoin Core at all.
Electrum or MultiBit will do just fine.

With a 20MB block size limit you'll need a full TB per year if the network ever runs at full capacity. With a 1MB limit we're talking a more manageable 51GB/yr.

A 2TB HDD is selling at around US$70 currently. That's $0.096/day, or $2.92/month. And don't forget the cost will go nowhere but down.