Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees
If a 1MB block takes 30 seconds to verify and validate, with the current code, wouldn't a 1GB block take 50 minutes to verify? Or is it not linear like that? I don't know, 1 block with transactions in it followed by 5 empty blocks seems inefficient. However, it appears the BCH team is working on this bottleneck, so why are we debating about my original concerns? The concern is no longer valid.
With Current Cable Bandwidth of 100 Mbits , 1 MB block can be transmitted in less than 1 second or a 750MB block transmitted in 1 minute
100Mbits/8 = 12.5 megabytes per second or 750 megabytes in 1 minute
Even 8 MB blocks are nothing at modern internet speeds.
60 Nodes can verify in 1 minute at the 12.5Mb size
In the 2nd Minute 3600 more nodes can verify
In the 3rd Minute 12960000 more nodes can verify
or
1 Nodes can verify in 1 minute at the 750 Mb size
In the 2nd Minute 2 more nodes can verify
In the 3rd Minute 4 more nodes can verify
In the 4th Minute 16 more nodes can verify
In the 5th Minute 256 more nodes can verify
In the 6th Minute 65536 more nodes can verify
*Neither Bitcoin has over 20000 Full Nodes at the present time*
Once the normal is 1 Gbps
1 Gbps/8 = 125 megabytes per second or 7.5 gigabyte block in 1 minute
Once the normal is 10 Gbps
10 Gbps/8 = 1.25 gigabytes per second or 75 gigabyte block in 1 minute
Once the normal is 100 Gbs
100 Gbs/8 =12.5 Gigabytes per second or 750 gigabyte block in 1 minute
╥Aztek
Thx - you know that the biggest fear you might have after posting this truth is get another trust-level decoration by blocksteam buddies.
