Replying to Avatar Nice and Kind Vic

The biggest technical risk to Bitcoin has been, and remains to be, the continual growth of the UTXO set. As this continues to grow, under the current model, it will become less possible to run a Bitcoin node on low end hardware. This will inevitably lead to centralization if we don't take adequate action.

This is a true regardless of usage of OP_RETURN, Counterparty, Bitcoin Stamps, Inscriptions, Runes, Bare multisig outputs, but the aforementioned have exacerbated the problem bringing what would have been future concerns years out, into the relative present.

Avatar
Chriso🇺🇸🇦🇺🦘⚡️ 1y ago

Is there anyway to fix this going forward or will we eventually just be screwed?

Reply to this note

Please Login to reply.

Discussion

Avatar
Nice and Kind Vic 1y ago

I don't know yet. Current size of the UTXO set is about 12GB,and projected to be about 15 to 16GB by end of year.

Thread collapsed