Why tho? There are much better ways to store data.
Discussion
Why not?
It's very inefficient. It's a terrible database for arbitrary data storage. It's wildly expensive and would take decades to do it probably. Not sure if it's even possible because we make more data every day. Then it's terrible to query against.
All we have is time so the sooner we start the better…
Tells you how far BTC has diverged from the original thesis of uncapped block sizes.
2017 broke Bitcoin and it shows
I don't even think it's possible to store all the data on Bitcoin.
Whoever wants to is throwing money away.
Not at the existing build. BTC is shackled on purpose so that you use side chains and third party networks. Hal Finney suggest the 1mb cap but Satoshi didn't want it. He only added that because in the early days someone with more compute could steal the network from them, so they capped it.
Always meant to be unbounded, and you'd pay for that data to the miners, thus fees would naturally take over price prediction.
But here we are today, 7tps every ten mins with fewer transactions per block each week.
I don't see a sustainable path forward here tbh
I do. We're still early