Ethereum’s Blockchain Data Continues to Grow Rapidly in Size

10 May
2016

ethereum-blockchain-file-size

It is not even a year since the mining of Ethereum’s Ether (ETH) coins has started and due to the short block time and the huge user interest the total size of the blockchain data of Ethereum has already grown huge and continues to grow rapidly. The current size of the Ethereum blockchain data files is already over 16 GB and just about two months ago it was a bit over 9 GB. With the increasing demands for storage to host the full blockchain data as a part of a local wallet or a full network node more users might be switching to online wallets and other services that do not require the user to have a local copy of the data files such as exchanges for example. With more users getting into Ethereum the number of transactions on the network is also growing and by the time when the switch from PoW to PoS phase happens we could even have Ethereum’s blockchain size getting close to that of Bitcoin. If you look only at ETH alone even 20 GB might not be that much, but if you have a local Bitcoin wallet as well as a few other crypto wallets installed on a PC with the full blockchain stored locally you might even start experiencing issues with available free space and things will only get worse with the fast increase of the size of the blockchain data.



Other Similar Publications:

3 Responses to Ethereum’s Blockchain Data Continues to Grow Rapidly in Size

Jev

May 10th, 2016 at 22:51

Is it possible to change the blockchaain data directory when using the Mist wallet?

thorthehammer

May 11th, 2016 at 04:38

Don’t use online wallets or even worse, store you coin at an exchange. Dollars to donuts you’ll get “hacked” using either one.

mkimid

May 20th, 2016 at 15:14

the block size issue is more critical for ETH due to the fast block speed (pure block chain size is around 2GB), and the extra transactions with the contracts, it is the other 16GB now.

Leave a Reply

Your email address will not be published. Required fields are marked *

top