Quote from: entons on August 13, 2017, 09:17:24 PM

Quote from: bitserve on August 13, 2017, 09:14:33 PM

You say hard disk capacity is growing exponentially? Really?

His first computer had 120 GB HDD, and today he has 500 GB.
Looks exponential to me.

Good one. LOL.

The only thing that is growing exponentially here is blockchain size. And that is without a blocksize increase nor mass adoption.

In fact, the 1MB caused the higher fees which made us all be very frugal on our usage of tx's, reduced to the minimum necessary. If it were not for the cap and the high fees I would probably be doing 10x the tx's I am doing now.

Not even Segwit solves the exponential blockchain increase, but it does make it happen via Lighting Network. Yes, we fucking need L2. It's not if we like, don't like, prefer, not prefer, whatever.... IT IS A FUCKING NECESSITY.

Ok, let's say for a moment we don't have L2 for the next 3 years.... And that fees remain low and adoption rate has been growing. That would perfectly mean 100-1000 times more tx's per hour than now. ANd that is a conservative figure.

I will leave as an exercise to the reader to calculate how many 4TB hd's you will need to add EACH YEAR.

In 2009 Moore's law still had some remaining sense.... it is not applicable anymore.

Really, this is absurd. You have BCH or even Litecoin if you want more block space per hour. Or just wait until BITCOIN increases its blocksize when the time comes. It will. In the meantime you can perfectly keep using it with no worries about blocksize.