What is the size of the Bitcoin Blockchain? Is it growing at a fast rate or will the growth eventually stop? If it is a slow growth then the price will surely go down and the only thing is, we will not see the price drop to zero. The price of a single unit of currency will probably stay the same because there is no chance that the demand for this currency will be affected by the growth rate.
The blocks that are in use will increase when the number of users increases and there is more value stored on the system. Each time, the number of blocks will decrease and the transaction fees will also decrease. Once the number of transactions is increased, the number of blocks will increase again and there is a slow growth cycle.
The future generations will have their own system but the current systems are based on the current system. It is possible that there will be some changes to the system so we do not need to wait for the block chain to expand any further. At some point, the system will slow down to the speed that will allow for the transaction to be done without any delays.
Once the system is running smoothly, the users can enjoy the whole system and can send their money instantly without any hassles. The transaction will be safe and will be processed as soon as possible. The transaction will happen through a trusted third party that will make sure that all the money is delivered to the sender in the right amount so that the transfer of money will be safe and efficient.
If the transaction occurs on the Internet then the transactions will be faster because there is less traffic on the Internet. There are some systems that use an external service which ensures that the transactions are processed quickly and securely. There is a fee charged for the use of such services.
The question about the size of the system is a big question that is hard to answer as it is always changing. However, there are some signs that it will be increasing steadily.
How big is thebitcoin blockchain? How large is the block chain? Some people would say that the answer is very large and some people would say that it is very small.
In other words, you may have to decide if you want a large or small system. This may be a very personal choice. However, it is better for you to decide if you want a small one as you will be able to upgrade if you need to do so.
Some people feel that this system is the biggest compared to the current system because it is bigger. Therefore, you can upgrade your system easily by having the block chain grow at a faster pace.