1 year #Bitcoin onchain resumé of #Ordinals:
The trend of a faster growing blockchain I pointed out 1 year ago did not stop. Even tho according to some bitcoiners the ending of the hype would make it go back to normal.
In the past year we expirienced an increase of around ~91GB (Messured Feb.23 --> Feb.24) .
Before we had an stabil increase of ~65GB (Messured Feb.22 --> Feb.23).
[Source: https://www.statista.com/statistics/647523/worldwide-bitcoin-blockchain-size/ ]
Its clearly increased with the launch of ordinals in february 2023 and caused an additional ~27GB load per year. Thats an increase of 40% !!!
Funny rock pictures don't hurt anyone. So why does it matter?
Bitcoin's biggest asset is its decentralisation. Meaning that all users should be able to run their own fullnode and verify transactions them self. Not having to trust others.
However not everyone is able to run a big data centre like amazon. Some don't have enough money, others might have bad internet. Ideal would be that even in the most remote village in africa in an totalitarian state a poor guy can run a fullnode via tor.
But that only works on 2 conditions. 1) The totall size is not too big, so they can store it on drives which are accesable (lower end of size)and affordable. And 2) The incoming data is not bigger that the amount the can download per second.
Its easy to throw of the ones that have the worst conditions. But generally speaking every increase will throw off another lower layer of people, a level of decentralisation, with each increase. With 40% increase the ordinals protocoll however is no small increase.
We might see these results in ~4 years when nodes pass the 1TB (a common drive size). But maybe we won't even notize it since most private nodes run behind tor.
We can't really undo the activation, because lightning got so far. However we can standardize to prune Ordinal data. So we don't throw of new and existing fullnode runners.
#pruneOrdinals
imo price for storage space won't be the problem. You can get a 2 TB SSD for the same price you paid in 2015 for a 500 GB HDD. This trend will continue. If this is a problem, it was one from the beginning of bitcoin.
Throughput on data is maybe the same. We had way less transfer rates, only mbit/s years ago. Now Gbit/s are common. If this is a problem it was one from the beginning.
What a smooth experience👀
I haven't used a app store for a while.You're right, it gets difficult with a growing number of apps. Didn't think about that.✌
And if I don't want to search for a specific app?
Just look through what's available
ZEUS v0.9 will have BOLT 12 support for remotely connected Core Lightning nodes using the c-lightning-REST and CLNRest interfaces.
We will also be providing BOLT 12 Lightning addresses in app, for free, courtesy our friends at https://twelve.cash/
More info on BOLT 12 here: https://bolt12.org/
👀
Is there a way to look through all available apps not just the few on home screen? I'm assuming there are more.
Ah ok. But who knows. Bitcoin is always up for a surprise.
What do you mean by "it's never gonna happen again"?
In the beginning was the word. Which is information I guess
Butcher/rancher
If you are looking for a sign to buy more #bitcoin:
On the marketplace you can switch the repository to community. There you'll find the monero app. Installation is like all other apps.
Workout 3-4 times a week. No alcohol, no cigarettes. Enough water, animal protein and fat. Little hike every Sunday. If possible enough sunlight.
