Monero is striving to be a currency that everyone can use, the growth of the blockchain is starting to hamper this goal IMO.
I think we should consider dropping blocks off of the chain tail once we reach block height of 4000000. This will give us 10 years of storage capacity, more than enough IMO.
Similar to how you have to exchange bills of cash once they get worn, you would simply churn your coins to get your outputs into younger blocks.
We are trying to be digital cash not an inheritance vault. If we had this feature from the start 99% of the community would agree with it.
Please consider this.๐
*Edit: @4KB/tx * 100,000tx/day we are looking at ~400MB chain growth daily, this is not sustainable, let's take care of this now before it becomes a big problem
**Edit: A possible solution could be that nodes would have the option to set chain retention duration. So when syncing a new node you can select that you would like to retain 5 years of chain data, with a minimum boundary enforced that retains sufficient security. This way the network decides in a fair way how much chain data is useful to store.
Agree. I also fell for it for about 3 months. The reason I hammer so hard on the communist deception is because a very large number of people have been duped by it. It has also been very destructive in recent history.
This poison was injected into state owned indoctrination camps known as modern universities, any critical thinker would ask themselves "why would the system be teaching me an ideology designed to overthrow the system".
Their main trick was duping ideological youth for fighting to increase state power under the guise of helping the working class. What the students did not realize was that the international banks own the state. So basically they were duped into fighting for the ones raping the working class.