Re:Bottle: A Bitcoin SV Browser
by PowerfulWizard on Tuesday June 25, 2019 @04:18PM
(#20278452)
So it will be roughly $115 USD per megabyte? (1% of a BTC). High, but at least you get a 10000x replication factor.
Re:Bottle: A Bitcoin SV Browser
by ghostpepper on Tuesday June 25, 2019 @08:30PM
(#20280779)
I can see use cases where this would be worthwhile.
Not so much for backing up your photo collection, but more along the lines of publishing some textual information that someone powerful does not want published. It could even potentially function as a sort of notary service.
Re:Bottle: A Bitcoin SV Browser
by onion-soup on Tuesday June 25, 2019 @04:33PM
(#20278611)
No, it will be around 20 cents to store 1MB
> 1 sat/byte
What's a sat?
Presumably a Satoshi, the nickname given to the current smallest fraction of a bitcoin that is recorded on the block chain - 0.00000001 BTC.
Re:Bottle: A Bitcoin SV Browser
by solotronics on Tuesday June 25, 2019 @04:11PM
(#20278376)
1 satoshi = smallest current unit of a bitcoin = 0.00000001฿
Re:Bottle: A Bitcoin SV Browser
by onion-soup on Tuesday June 25, 2019 @04:11PM
(#20278377)
1 satoshi per byte.
1 satoshi = 0.00000001 BSV
See example of weather data stored on chain https://whatsonchain.com/tx/6dac238576e9778458bb62a2f7d936fd...
>are there fees to host this data (as we need to pay miners to include data in a block)?
Yes, current fees are about 1 sat/byte.
This is really a write once, read many type of system.