_ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 4 down vote favorite I am new to mining cryptocurrencies.I am planning to set up a wallet for both Litecoin and Dogecoin.I am just curious on asking what are the current total blockchain sizes of both coins?This is to prepare me to download them ahead of time.blockchain litecoin dogecoin up vote 6 down vote lists stats for the main cryptos including the block chain size.You will find "Blockchain size" near the bottom.up vote 1 down vote / and http://dogechain.info/ to see the latest number of each currency.In each blockexplorer the latest block is in the first row so you can see the total amount of blocks from the id of this block.As of now(25th Dec.2013) Litecoin is roughly 500000 blocks and Dogecoin 30000 blocks.From an estimation of my dogecoin wallet the average block is about 30 MB (based on 2,4 GB data and 77000 blocks) but it highly depends on the current amount of transactions.

Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.bitcoin value ilsBrowse other questions tagged blockchain litecoin dogecoin or ask your own question.weekend bitcoin botLitecoin block size should be increased, only to contain Jihan Wu ego (i.redd.it)bitcoin uk legislationBitcoin’s block size debate is seeping into the mainstream press, the Wall Street Journal states that the “bitter split in the developer community behind the virtual currency threatened to literally break it in two.” The article echoes statements made by investors such as Vinny Lingham, the Civic CEO and Gyft co-founder, who states “I’ve been very surprised with the amount of vocal support for a Bitcoin Hard Fork.”A fork happens when developers take a copy of source code from one software package and start independent development on it, creating a distinct and separate piece of software.armory bitcoin core

The term often implies not merely a development branch, but also a split in the developer community.The scaling debate revolves around the size of Bitcoin blocks, which hold the networks transactions.Bitcoin Unlimited is a hard-fork of Bitcoin that raises the block size, but isn’t backwards compatible with the current source code.ethereum stock yahoo financeLingham is concerned that a hard-fork in Bitcoin will result in two competing cryptocurrencies, or “altcoins.”- Vinny Lingham, Civic CEO and Gyft Co-FounderPrevious attempts to increase the block size limit by way of a hard-fork, such as Bitcoin Classic and Bitcoin XT, have all failed.achat bitcoin belgiqueBitcoin Unlimited is the latest such attempt, but 18 bitcoin exchanges released a statement last week indicating they will list Bitcoin Unlimited tokens as an alternative asset.“While a contentious forking event may be inevitable, and may ultimately provide a path forward for on-chain capacity increases, we have an obligation to our customers to provide a clear and consistent plan to minimize potential confusion surrounding such an event,” the announcement states.mercado bitcoin fraude

“In the case of a Bitcoin hardfork, we cannot suspend operations and wait for a winner to emerge.”However, a proposed soft-fork, Segregated Witness (SegWit), may increase the block size limit to over 2.1 megabytes, according to Bitfury’s Alex Petrov, based on current user activity.bitcoin cambio valutaA soft-fork alters the current implementation of Bitcoin, maintaining a single cryptocurrency.According to the associated Bitcoin Improvement Proposal (BIP), the protocol change is scheduled to activate after 95 percent of the Bitcoin network's hashrate signals support, which is the deployment process outlined in BIP 9.bitcoin beginners guide pdfRoughly 25 percent of miners are currently signaling readiness for Segregated Witness.According to Coin Dance, every major exchange and wallet provider is currently implementing or plans to implement Segregated Witness.That said, a team of developers believe they have a second solution that will keep everyone on the same network.

Paul Sztorc, who is an economist at enterprise blockchain startup Bloq, first introduced Drivechain late in 2015.The concept builds on sidechains, and promises to make altcoins, “obsolete.”- Paul Sztorc, Drivechain CreatorSidechains themselves are not new.The idea, and how to build them, has been discussed since 2014.The key idea revolves around sending a cryptocurrency to another blockchain.R3 Chief Technology Officer Richard Gendal Brown describes these blockchains as, “a Bitcoin-like system out there that you’d like to use.”“Perhaps it’s litecoin or ethereum or perhaps it’s something brand new,” Gendal Brown presupposes.“Maybe it has a faster block confirmation interval and a richer scripting language.The point is: you’d like to use it but would rather not have to go through the risk and effort of buying the native tokens for that platform.”Sztorc explains how that process might work in drivechains, “You could take 3 BTC, use them to purchase 3 side-Litecoin at a fixed 1:1 exchange rate, send those Litecoin to a friend on the Litecoin-chain, and then this friend can then redeem them at the same same 1:1 exchange rate (for exactly 3 BTC, which re-appears on the Bitcoin chain).”“It would take me all of five minutes to change the block size on a bitcoin fork,” Bitcoin developer Patrick Murphy tells BraveNewCoin.

“I bet it would take an hour to get it all finished on the slow side.” Murphy is currently finalizing an implementation of drivechains.Sztorc tells BraveNewCoin he has been working on a new website explaining the drivechain concept, and a variety of alternative blockchain projects are already listed on the site.The project that will catch the eye of big block supporters is known as Extended Bitcoin.The project is simply the current version of Bitcoin Core with Bitcoin Improvement Proposal (BIP) 101 implemented on top of it.BIP 101 is the hard-fork block size increase implemented in former bitcoin developer Mike Hearn’s Bitcoin XT software client.According to Sztorc’s original post on the subject, he does not think drivechains can do anything bad to bitcoin; however, there are some concerns among the greater technical community.Miners have to agree to start merged mining on the various blockchain chains, where two or more different cryptocurrencies based on the same algorithm are mined simultaneously.“Lot's of people hate merged mining and lots of people hate miners having power,” Murphy told BraveNewCoin.

Bitcoin Core contributor Peter Todd has stated that merge mined sidechains are, “much less secure,” and could lead to further centralization of the mining industry.However, Sztorc believes he has "risen to the challenge" of these technical concerns through the use of what he calls blind merged mining."When I describe sidechains to people, most people think 'it's too good to be true'...it's​ a kind of reverse wishful thinking," Sztorc explains."Well, they're good, and they're true.And they're almost finished."Athird iteration of a drivechain implementation is currently being completed, and will be presented to the greater technical community for feedback and bug testing.“We’re trying to get something finished enough to prove the idea, and then we’ll have the developer community tear apart everything and go from there,” Murphy told BraveNewCoin.After further technical review, it will then be up to the greater community to decide whether this is something they’d like to see in bitcoin.