Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Block Size Conflict Ends With Latest Update
by
LiteCoinGuy
on 21/06/2015, 18:01:56 UTC
.......

Parameters are:

    8MB cap
    Doubling every two years (so 16MB in 2018)
    For twenty years
   ....

Does that mean in 20 years after it starts doubling the blocks will be 8192 MB, which is 8.192 GB per block?

Have I done my maths right?

8 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 = 8192

To keep it simple I'm not considering the difference between mebibytes and megabytes.

Yes but 20 years ago we had this:


The computers now are not comparable with the one from 20 years ago, unthinkable even.
And the computers from 20 years in the future will be unthinkably fast as well, so I guess blocks of 8.2 gb will not be a problem.


it is funny that some people cant look in the future (or in the past) isnt it  Smiley ?