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this post was submitted on 05 Mar 2024
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Monero
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No blockchain size is not problem. 16 TB it is a problem.
Agreed. Currently we are at ~190 GB with ~8.5 GB growth over the last 3 months. This is just 34 GB per year and a 500 GB SSD would last another 7 years at the current growth-rate. You can already get 2 TB SSDs for less than 150€. Storage really isn't the issue, the biggest limitation is bandwidth.
Recently we saw transactions spike to 100k per day, that is ~400MB per day, 146GB per year of data.
If this tx volume were to be sustained it already makes the chain growth concerning and adoption is just starting.
and by then it's too late, hence this post before then...