> Blocks (Block size) and transaction fees will grow exponentially
Currently, the blockchain is 405 GB and grows by about 5 GB per month. In your proposal, that will go up exponentially?
Currently, the blockchain is 405 GB and grows by about 5 GB per month. In your proposal, that will go up exponentially?
https://satoshi.nakamotoinstitute.org/posts/bitcointalk/485/
He/she asked, in effect: How do you plan to deal with the blockchain growing exponentially instead of linearly? And how much acceleration do you think is reasonable?
At any rate, the suggestion was for one increase, not an infinite sequence of increases, which your suggested exponential growth amounts to.