The chain cannot fit in RAM

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Lol, I'm telling you that the architecture is wild but using self-validated "checkpoints" as they call them, you can fit the highest chain on RAM. (The guy was using 128G of RAM) but yes, they did.

Libbitcoin is intrguing and I one day hope to study it

Amir taaki and Eric Voskuil are mad men but it's a very interesting project.