Post
Topic
Board Development & Technical Discussion
Re: What happens in a copyright infringement scenario?
by
larry_vw_1955
on 22/11/2021, 04:02:44 UTC

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You could only achieve this on a shit chain such as BSV's...

So you admit that you can't do something on bitcoin so that must mean that bsv has some kind of utility.

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It depends how long you want to wait and how much you are willing to pay. With empty mempool, 4 MB per 10 minutes is quite slow transfer, so to push 4 GB video, it would take at least 1000 blocks, so about a week. Also, assuming one satoshi per stored byte, it would cost 0.01 BTC per megabyte, so around 40 BTC for storing that with the lowest fees.

That means to store a home video would cost 1 million dollars on the bitcoin blockchain. I wonder if satoshi ever imagined that!