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201 sats \ 9 replies \ @Eximpius 8 Feb 2023 \ parent \ on: When bitcoiners look like idiots bitcoin
We want the number of nodes to grow. They will start diminishing and getting centralized if the chain is getting 1GB bigger every 4 years. Imagine 4 years from now when someone in Nigeria needs to sync 1.5GB chain on a 200MB connection.. it will take them a month, maybe longer.. They wont be able to wait that long and guess what they will do..
Eventually every block WILL be 4mb. Full blocks means competition for fees. Higher fees means higher security budget.
About the 1GB every 4 years, I'm not sure that the maths adds up.. I get the point though, as a node runner, it's nice to fit it all on a 1 TB drive, and wait days (not months) to download it all.
From my perspective, trying to decide what should / shouldn't go on chain, by definition, is censorship. The correct way out of this is to price the "cloud storage" wackos out, by focusing on adoption (hence more tx), not in-fighting.
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Its not about what should go on the chain.. whats meant to be on the chain is already on the damn chain. SATs!!!!
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what do you mean the math doesnt add up.. its simple fucking arithmatic.. 6x4=24 24x24=576 576x365= 210,240MB... 210GB
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210 x4 = 840GB basically 1TB
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