Quote from: Whitethoughts on March 02, 2018, 03:14:55 PM

Quote from: LightFork on March 02, 2018, 01:45:45 PM

Quote from: Whitethoughts on March 01, 2018, 03:04:54 PM

Quote from: LightFork on March 01, 2018, 01:02:18 PM

Quote

Bockchain history of trades

What is the maximum size of the data can be stored in the blockchain? Bitcoin now has a transaction history of more than 200 gigabytes. If the platform is popular then the size of the blockchain will increase at a tremendous rate.

What is the difference of what size will the transaction history be? In the case of bitcoin, it is processed continuously, and in the case of this platform it will simply be stored on distributed servers. And even if its total size is a few terabytes, it's a miserable value for modern digital technology.

You're right, I did not think about it. If we approach this question from such a position, then there are no problems associated with the size of the blockchain.

Since there is not used mining of tokens, we get all the advantages of the blockchain and not get minuses. We get an unchangeable database of all transactions and all system participants without wasting significant computing capabilities on maintaining this database.

But there is still a problem with decentralization. There should be official servers storing information and informally solving the same problem. Thus, the relevance of the database will be confirmed by several parties.