Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
Sub-Ether
on 10/05/2015, 09:45:04 UTC
http://gavinandresen.ninja/utxo-uhoh
Today, the UTXO database is about 650MiB on disk, 4GB when decompressed into memory. DRAM costs about $10 per GB, so you need to spend about $40 on memory if you want absolute fastest access to the UTXO. Not a big deal.
...
'Assuming the UTXO set continues to double and RAM prices continue to drop 20% per year, next year you’ll have to spend about $64. Ten years from now, over $4,000…'
....
Looks like there's a fork planned to solve this BTC problem at 2016.

What is the solution they are using?

The only radical solution I know of is with the lightning network proposal.
https://lightning.network/lightning-network.pdf
'Transactions aren’t instant
● Micropayments don’t actually work
○ High transaction fees
● “Bitcoin Doesn’t Scale
'