Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
naxin
on 13/06/2014, 21:29:13 UTC
XMR is a valid competition. Blockchain bloat is not a valid cause of concern to the investor types.

Why the bloat wouldn't concern investors?
I can buy a 1 terrabyte hard drive for $40. Storage is cheap. Moreover, what percent of users actually even have a copy of the blockchain? I'd imagine the majority are using blockchain.info/electrum/coinbase/etc. so storage isn't a concern at all for them.

The bitcoin blockchain currently is roughly 19 gigabytes. So if it got to be at bitcoins current state, there would have to be 5200% bloat before it would fill up a $40 hard drive.

So to me, blockchain size is virtually irrelevant, unless we're talking about something astronomically bigger than a coin which has > 40 million transactions and is 5 years old.

This also completely ignores the concept of pruning old transactions, which can be done if need be.

tl;dr: I get that this is the darkcoin thread (which is the only altcoin I own _any_ of btw.), but let's not spread false FUD about other coins, we should be above that.