Will the bitcoin blockchain get too big

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Profit from the additional features. Other statistics bigg may interest favorite statistics via the star. Content expert covering payments and can support your business. The coin outperformed most of the market.

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Is the Bitcoin Block Chain too big?
If there was a real problem in getting hold of blockchain data, people would pay nodes to give it to them, and if there was a real problem with. At the current average block size of around MB and blocks mined per day on average, we can expect the Bitcoin blockchain to expand by. There is a risk that the blockchain will continue to grow too quickly and become unwieldy, yes. However, if technology improvements continue.

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Litecoin produces blocks four times faster than Bitcoin which leads to a 4x improvement in throughput. The project's declared purpose is to "deliver Satoshi's vision of One Global Blockchain," becoming a more advanced continuation of the original protocol. So as it stands, with a block size of 1 MB, the Bitcoin network is able to process up to 7 transactions per second, which of course is a much smaller number than many other layer one blockchains, and much less processing power than the likes of Visa. On 15 March , Lightning Labs released the beta version of its lnd Lightning Network implementation for bitcoin mainnet, and on 28 March , ACINQ released a mainnet beta of its eclair implementation and desktop application.