I think it would be a lot more than that. According to the Scalability page (https://en.bitcoin.it/wiki/Scalability) if Bitcoin took over all credit card transactions, that would be about 1.14GB per block. I believe that is 58.5PB per year. (6*24*365*1.14/1024) This would also mean the distribution of 2MB of block data per second, which doesn't include broadcast overhead.
On 12/21/2011 12:50 AM, Michael Grønager wrote: > when bitcoin takes over all credit card transactions (!), and even before > that, > we will meet a scalability problem. The blockchain will grow rapidly, > (1MB/10min or 50GB/yr) ------------------------------------------------------------------------------ Write once. Port to many. Get the SDK and tools to simplify cross-platform app development. Create new or port existing apps to sell to consumers worldwide. Explore the Intel AppUpSM program developer opportunity. appdeveloper.intel.com/join http://p.sf.net/sfu/intel-appdev _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
