Post
Topic
Board Development & Technical Discussion
Merits 4 from 3 users
Re: BRC-20 needs to be removed
by
ETFbitcoin
on 02/06/2023, 09:49:39 UTC
⭐ Merited by nutildah (2) ,vapourminer (1) ,Cricktor (1)
Quote
You can see growth of the blockchain was relatively linear up until early February of this year, which is when the Ordinals fad really started to kick in, then it sped up since then:

https://ycharts.com/indicators/bitcoin_blockchain_size


Zooming out, blockchain size growth takes on more of an exponential quality but this probably isn't a good reason to hasten it.
that graph looks very linear to me even since february. yes the slope changed but only very small increase in slope of the line segment. so it doesn't appear to me that the blockchain is growing any faster than it was before ordinals came out. maybe a just a tiny bit more and i don't know why that would be but it doesn't seem out of control or anything. how could it be? bitcoin only allows X amount of data to be stored every 10 minutes or so...that hasn't changed ever i don't think.

Maybe you can see the difference easier if we draw 2 lines based on previous and current line segment. Although i would just show you chart of block size in last 1 year.


Source: https://www.statoshi.info/d/000000002/blocks?viewPanel=4&orgId=1&from=now-1y&to=now