Well over a decade ago, on January 3, 2009, the size of the Bitcoin blockchain was 0.285 kilobytes (kB) or around 285 bytes. Este Dia, sin embargo, the blockchain’s ledger is nearly half a terabyte, or roughly 432 gigabytes.
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Bitcoin’s Blockchain Nears 500 Gigabytes in Size
En octubre 15, 2022, the Bitcoin (BTC) blockchain is getting closer to reaching 500 gigabytes, or roughly half a terabyte of space, in order to store the entire distributed ledger’s history on a drive. En el momento de escribir, storing the entire BTC blockchain requires more than 432,000 megabytes (MB) o 432 gigabytes (ES) of space.
Cerca de 14 years ago on January 3, 2009, the blockchain was less than a kilobyte in size or approximately 285 bytes, the day Satoshi Nakamoto launched the network. It wasn’t until February 16, 2009 that Bitcoin’s distributed ledger surpassed 1 MB in size and by February 13, 2012, the blockchain was approximately 1,000,000 kB or 1 GB in size.
At 432 GB today, la BTC chain is approximately 432,176,009 kB in size on Saturday. Miners and full nodes are required to store the entire blockchain network, which means they need more than 432 GB of space to manage the entire chain.
En el momento de escribir, there are 14,299 reachable full nodes according to today’s metrics, which means thousands of nodes host a full copy of the blockchain network. Wallets that don’t manage a full node are called light clients, and they utilize a simplified payment verification (SPV) esquema.
SPV clients do not host a full node but rather sync with nearby validating bitcoin full nodes. Most of the wallets used by the crypto community today are SPV wallets, while full nodes are used by full node operators, miners, and institutions like exchanges, payment companies, and custodians.
BTC is not the only distributed ledger that takes a lot of disk space to store. The Bitcoin Cash (BCH) network is 186 ES, Bitcoinsv (BSV) is over 7 terabytes (TB), and the Dash (ESTRELLARSE) network is around 27 ES. At 495 ES, Etéreo (ETH) is only five gigabytes away from reaching 0.5 TB.
What do you think about the size of the Bitcoin blockchain and its steady growth since 2009? Háganos saber lo que piensa sobre este tema en la sección de comentarios a continuación..
Créditos de imagen: Shutterstock, pixabay, Wiki Commons
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