Quote from: btvGainer on September 10, 2016, 10:55:26 PM

Quote from: coins101 on September 10, 2016, 07:12:07 AM

Quote from: c789 on September 10, 2016, 07:06:00 AM

Moore's Law.

I believe the devs are working on the size of the blockchain, but it's not at the top of their list, and rightly so. They have bigger matters which require their more immediate attention.

You're correct to point out the growing size of the blockchain, but it's a relatively small problem amongst others.

100TB to 1,000TB bandwidth requirement for full nodes in just 4 years time is not a small problem. Who has a data plan that can allow that, even unlimited plans have a fair use cap?

There is very little the devs can do about the growing size of the blockchain. Data is data.

Multi sig, for example, will counter any voodoo by the devs to reduce the size of transactions.

Can we have something like cloud storage or something to compress blockchain?Like we have file compressors can we have blockchain compressors as well?

I'm pretty sure that cloud storage could lead to an easier data compromise, so for privacy reasons, I don't think they'll ever implement that