Ethereum Blockchain Could Reach 1TB In 2017 by ingloriousaction

View this thread on: hive.blog | peakd.com | ecency.com

blockchain · @ingloriousaction · Jun 12 '17

Ethereum Blockchain Could Reach 1TB In 2017

![725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy85YTUyYWM4ZDgzZmNkMzMxZTg1YTViMDgxZDg2N2NmMC5qcGc=.jpg](https://steemitimages.com/DQmR5D81UgG67JLbZNDj1og6MWHCz56fH3KiPCgk5hARrcb/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy85YTUyYWM4ZDgzZmNkMzMxZTg1YTViMDgxZDg2N2NmMC5qcGc%3D.jpg)

The Ethereum blockchain has now become larger than Bitcoin’s with over 180 gigabytes by April 2017. Blockchain experts are warning such further increases may destroy Ethereum altogether. After a single user reported that there was a huge backlog of transactions while he was trying to sync a node. 

Blockchain commentator and entrepreneur Tuur Demeester tweeted saying:
> According to one source, the Ethereum blockchain has bloated by +700% in the past 12 months: now about 180 GB.

Further comments focused on the so called problem of 'Blockchain Bloat' which would be compounded by the the relatively free to use wallets which many users had been using. With the rising range of altcoins on the Ethereum blockchain, the load has been putting nodes under a humongous pressure. With the rising popularity of digital currencies and blockchains, the influx of more such platforms would create a massive obstacle for Ethereum to overcome. The upward trajectory could see Ethereum be the first blockchain to cross the 1TB block size before 2018.

👍 acidyo, wackou, pharesim, roelandp, bue, renzoarg, justinschwalm, bue-witness, steemgold, boy, projectnewbie, looftee, rubenalexander, mini, blubeast, ingloriousaction, lenatramper, erlik, samether, fisteganos, daniel.pan, andersokohler, bola, tarazkp, lauralemons, healthcare, bunny, nazirkhyber, cryptochannel, christoryan, craigslist, dizzysunflower, aismor, helen.tan, reisman, moon, chemicalromance, hopf-orbifolds, ravagecarnival, thealtruist, awesomianist, elevator09, erickjongo, tamersameeh, bosjaya
👎 adm, blacklist-a

`author`	ingloriousaction
`permlink`	ethereum-blockchain-could-reach-1tb-in-2017
`category`	blockchain
`json_metadata`	{"tags":["blockchain","ethereum","bitcoin","finance","writing"],"image":["https://steemitimages.com/DQmR5D81UgG67JLbZNDj1og6MWHCz56fH3KiPCgk5hARrcb/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy85YTUyYWM4ZDgzZmNkMzMxZTg1YTViMDgxZDg2N2NmMC5qcGc%3D.jpg"],"app":"steemit/0.1","format":"markdown"}
`created`	2017-06-12 14:56:21
`last_update`	2017-06-12 14:56:21
`depth`	0
`children`	5
`last_payout`	2017-06-19 14:56:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,350
`author_reputation`	2,188,054,422,173
`root_title`	"Ethereum Blockchain Could Reach 1TB In 2017"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	4,662,237
`net_rshares`	-1,722,426,458,585
`author_curate_reward`	""

properties (23)vote details (47)

voter	rshares	pct
wackou	511,779,182,791	12.5%
pharesim	256,721,236,406	4%
adm	-3,981,337,061,707	-100%
boy	4,518,154,882	100%
bue-witness	5,509,126,870	100%
bunny	771,049,279	100%
bue	92,098,079,202	100%
mini	2,414,878,793	100%
moon	307,035,494	100%
healthcare	899,951,822	100%
daniel.pan	1,423,744,883	100%
helen.tan	412,252,676	100%
acidyo	1,183,252,887,789	25%
samether	1,446,270,813	25%
christoryan	675,431,205	2.5%
lauralemons	967,656,182	25%
roelandp	148,555,678,024	25%
cryptochannel	751,562,392	25%
bola	1,178,091,501	1%
craigslist	608,950,228	100%
lenatramper	1,983,494,900	25%
rubenalexander	2,439,460,793	12.5%
blubeast	2,265,250,457	100%
justinschwalm	6,980,026,875	100%
renzoarg	7,163,051,011	25%
bosjaya	83,301,021	100%
projectnewbie	3,775,129,800	25%
steemgold	4,801,372,414	100%
reisman	334,643,039	25%
tamersameeh	100,714,006	25%
fisteganos	1,436,082,228	5%
tarazkp	1,026,761,326	10%
hopf-orbifolds	233,295,538	100%
blacklist-a	-130,239,837	-100%
chemicalromance	252,603,621	100%
ingloriousaction	2,173,006,707	100%
dizzysunflower	566,007,860	100%
elevator09	148,767,525	100%
awesomianist	196,022,416	10%
looftee	3,759,178,542	25%
aismor	522,468,804	100%
andersokohler	1,292,412,045	100%
ravagecarnival	224,365,556	100%
thealtruist	200,404,318	100%
erlik	1,892,429,240	100%
nazirkhyber	756,429,905	100%
erickjongo	142,941,780	100%

@erlik · Jun 12 '17

It looks like Etherum may encounter it's own scaling problems at some point.  However for enterprise-class systems 1Tb should remain manageable.  Long term this could cause an issue though.

👍 blubeast, ingloriousaction, erlik

`author`	erlik
`permlink`	re-ingloriousaction-ethereum-blockchain-could-reach-1tb-in-2017-20170612t151231549z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"steemit/0.1"}
`created`	2017-06-12 15:12:33
`last_update`	2017-06-12 15:12:33
`depth`	1
`children`	1
`last_payout`	2017-06-19 15:12:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	189
`author_reputation`	446,390,134,566
`root_title`	"Ethereum Blockchain Could Reach 1TB In 2017"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	4,663,145
`net_rshares`	6,299,930,508
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
blubeast	2,265,250,457	100%
ingloriousaction	2,151,799,809	100%
erlik	1,882,880,242	100%

@ingloriousaction · Jun 12 '17

Its expected to reach 1TB by end of this year alone. And crypto has quite reached mass adoption stage yet. At this rate, Ethereum will crash and die by the looks of it

👍 erlik

`author`	ingloriousaction
`permlink`	re-erlik-re-ingloriousaction-ethereum-blockchain-could-reach-1tb-in-2017-20170612t154039091z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"steemit/0.1"}
`created`	2017-06-12 15:33:39
`last_update`	2017-06-12 15:33:39
`depth`	2
`children`	0
`last_payout`	2017-06-19 15:33:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	167
`author_reputation`	2,188,054,422,173
`root_title`	"Ethereum Blockchain Could Reach 1TB In 2017"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	4,664,260
`net_rshares`	1,853,808,235
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
erlik	0 B		1,853,808,235	100%

@steemitboard · Jun 12 '17

Congratulations @ingloriousaction! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@ingloriousaction) Award for the number of upvotes

Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!

👍 ingloriousaction

`author`	steemitboard
`permlink`	steemitboard-notify-ingloriousaction-20170612t180404000z
`category`	blockchain
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-06-12 16:04:06
`last_update`	2017-06-12 16:04:06
`depth`	1
`children`	0
`last_payout`	2017-06-19 16:04:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	701
`author_reputation`	38,975,615,169,260
`root_title`	"Ethereum Blockchain Could Reach 1TB In 2017"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	4,665,888
`net_rshares`	2,107,885,527
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
ingloriousaction	0 B		2,107,885,527	100%

@woutervdp · Jun 12 '17

Do you have any Idea on how ethereum plans to resolve this? It will become quite hard to run a full node no?

👍 ingloriousaction

`author`	woutervdp
`permlink`	re-ingloriousaction-ethereum-blockchain-could-reach-1tb-in-2017-20170612t151609132z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"steemit/0.1"}
`created`	2017-06-12 15:16:09
`last_update`	2017-06-12 15:16:09
`depth`	1
`children`	1
`last_payout`	2017-06-19 15:16:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	108
`author_reputation`	40,120,509,402
`root_title`	"Ethereum Blockchain Could Reach 1TB In 2017"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	4,663,364
`net_rshares`	2,151,799,809
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
ingloriousaction	0 B		2,151,799,809	100%

@ingloriousaction · Jun 12 '17

Ethereum hasn't issued any public notice so far, I believe. But running nodes will become quite impossible at this rate by 2020. (Even for large businesses)

properties (22)