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Re:PostgreSQL anti-patterns: read-modify-write cycles (2014) by dorfsmay on Wednesday December 21, 2016 @08:21AM (#13228843)
Typically you do both, keep a log and keep a current table (you wouldn't recalculate every time. As for space, you archive in a regular basis (say every year). That's why you cannot check you're bank statement from 2 or 3 years ago.

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