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by dmitriid
1535 days ago
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> Data doesn't magically get deleted from the internet with "no trace". This is what you said, emphasis mine: "Bitcoin make the silly argument that ... a full history of all transactions needs to be maximally available on the network. Other chains either drop, or plan to drop data that's been on the network for over a year or so". I'm reading exactly what you wrote. I don't know, may be the meaning of words in crypto world is "wrong". |
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It's that spectrum between 0-of-N and consensus-enforced N-of-N that you don't seem to grasp.
I'll say it again, once a piece of data is no longer maintained by all N-of-N participants in a blockchain as a matter of its consensus protocol, that doesn't mean that the data gets automatically deleted from the internet and from everyone's hard drives. On the contrary, there are many reasons why particular actors would want to retain that data, one of which is the very thing we are discussing - to keep a transaction history in case old transactions need to be audited for potential criminal prosecution of $625-million exploits.
> Other chains either drop, or plan to drop data that's been on the network for over a year or so
Yes, the chains, i.e. the actors that are keeping the minimal amount of data to continue to participate in the protocol, drop that data. That doesn't mean the data disappears from the internet. Instead, data availability is likely to remain incentivized within dedicated sub-protocols. That's not to mention the numerous private entities that will have their own external incentives to retain that data. Quote from Vitalik:
> Older blocks, transactions and receipts/logs would still be accessible through dedicated sub-protocols (eg. the Portal Network) or externally developed protocols (eg. TheGraph), in addition to a much smaller but still sufficient number of volunteer nodes and block explorers. Note that many dapps are already moving their historical data queries to TheGraph and similar protocols for efficiency.
> https://www.reddit.com/r/ethereum/comments/qzvsfq/impromptu_...