MartyBent on Nostr: The annualized growth rate of bitcoin's chain state jumped from ~15% to ~28% over the ...
The annualized growth rate of bitcoin's chain state jumped from ~15% to ~28% over the last three weeks as inscription fever took off.
It will be interesting to see if the pace of chain state growth keeps up and what that means for the ability of people to run nodes in the future. Luckily, bandwidth is getting cheaper and high speed internet access is increasing, but it's hard to say what the long-term ramifications of 4MB blocks will be on the distribution of the network.
Published at
2023-02-21 01:56:25Event JSON
{
"id": "3faf9326ff21e27510795a05b8d70a65cb5707b7b2aa83bbeba451f023eb3d4a",
"pubkey": "472f440f29ef996e92a186b8d320ff180c855903882e59d50de1b8bd5669301e",
"created_at": 1676944585,
"kind": 1,
"tags": [],
"content": "The annualized growth rate of bitcoin's chain state jumped from ~15% to ~28% over the last three weeks as inscription fever took off.\n\nIt will be interesting to see if the pace of chain state growth keeps up and what that means for the ability of people to run nodes in the future. Luckily, bandwidth is getting cheaper and high speed internet access is increasing, but it's hard to say what the long-term ramifications of 4MB blocks will be on the distribution of the network.\n\nhttps://media.nostrgram.co/i/fc/media_fc26531324f36.jpg",
"sig": "ae1158625e5d572ee1bfe99fa1e43ec7aed39a28bdb3a88b9bb118862e8ad9a26eceaf687d0a58d688599e7f7fd0f9eb1f4d78ebaaac80ffa73e288e5836f8d1"
}
