Quote from: PytagoraZ on January 13, 2024, 06:59:05 PM

We know that all bitcoin transactions will be recorded in the ledger and the data will get bigger day by day, is it logical if the recording has reached 100 or 200 years, and how big will the bitcoin ledger data be in the future?

The bitcoin blockchain is currently above 550GB as storage which is somewhat still fair because it could have been more if we go by the increasing the block space or limit like what many suggested for bitcoin to be scalable. Increasing the block size will be a major challenge to running of nodes because the blocks will mostly be filled with spams like ordinals or even dust transactions which will erroneously increase the capacity to store the block chain. One thing I think the devs of bitcoin network will be looking to solve is how to entirely stop or Block the storage of BRC20 tokens on the network.

Quote from: ObscurePen on Today at 01:21:39 AM

Quote from: PX-Z on January 13, 2024, 11:57:12 PM

Many will understand your concern of having that 10 minutes confirmation time, but that is just an average before a new block is found and developers won't just update because of this and for a reason of it's actually technically possible (i hope im wrong). But instead they could at least extend higher storage size instead of 2 1 mb for every block for more transaction getting catered in every block.

This has been done already. It is called Bitcoin Cash.

I don’t think bitcoin cash was any solution to bitcoin, the fork didn’t get the attention they wanted mainly because the scalability problem they tried to solve actually lead to a weaker system than bitcoin it self because of the little power need for mining of block which could actually make threats like 51% attacks much easier