Post
Topic
Board Development & Technical Discussion
Re: I've read somewhere in 4 years the block size will be 700GB
by
achow101
on 01/11/2016, 16:50:57 UTC
Isn't SegWit supposed to make things smaller instead of bigger ? at least his is what I got from this infographic https://www.reddit.com/r/btc/comments/43sjfz/the_bitcoin_core_roadmap_explained_i_made_an/
No. Segwit will make things bigger, like a block size increase. Something has to get bigger in order to allow more transactions.

Yeah I made a mistake, I meant to say blockchain. I post when I take a break from my job and my head is thinking about a lot of things at the same time.

But even if the price of HDs keep going lower, what happens if someday the blockchain is growing fast enough to be bigger than the average HD? I don't see average HD size getting higher than 1TB in the near future (I mean the average person doesn't need more than 1TB..)
That is an invalid argument. 20 years ago the average person didn't need more than 100 GB of storage. File sizes have been getting progressively larger. Just because something is that way now doesn't mean it won't change in the future.