this post was submitted on 05 Mar 2024
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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.
I don't actually think 150GB per year is an issue. This still gives you +5 years on a 1TB SSD. That's half a decade of time, Monero is only 10 years old. Plenty of time for storage to advance.
@monerobull @tusker is not only an issue, it is awful. Some people barely afford a storage drive of half a TB. Many nodes are actually ran on raspberry PIs.
And that 150gb is growing exponentially according to adoption. We could easily exceed 2TB every 10years.
Now, someone has to wait hours to sync the block chain already.
So what? It takes 3 days to sync an ETH node, 10 days for a chia node. These aren't lightwallets, this is network infrastructure.
I very much doubt that considering how raspberries don't have physical AES and already took +3 weeks to sync before the transaction spike.
I'd be perfectly fine with that. Right now you can get 2 TB SSDs for about 1 XMR. At the current rate (and it's been similar for decades) they will be worth less than 20$ in a couple of years. Monero turns 10 this April and we are currently at only ~200 GB. And we still have pruning!
Storage isn't the limiting factor, it's bandwidth.
The size of the chain also affects bandwidth. Many people have bandwidth caps so trying to sync 200GB could take 3+ months.
I hope we can at least have a higher pruning factor where the chain could be cut down to at least 1/10th the size as the amount of nodes continues to grow there would still be more than enough copies of the chain out there.