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RE: Bitshares is superior to any other crypto and therefore so is Steem
Thank you very much again. However, I highly doubt that Bitcoin "moves to 4MB blocksize soon". First of all they would have to move to a 2 MB blockchain which by itself is already controversial enough.
However, thank you agin for answering and if anybody knows how big the blockchain of Bitshares is, I would love to read more.
It is my pleasure.
About blocksize
Any blockchain that works like Bitcoin, Litecoin, Slothcoin and so on can be set to 1.05 MB or 1.7 MB or 3.8 MB. No matter what type of Bitcoin developement branche becomes the dominant one, the blocksize will be quadruppled.
There is no need to go from, almost, 1 MB to 2 MB first. It could even go to 8 MB right away. The blockchain growth would only be 400 GB per year, at the most. So still not that much, considering TerraByte Harddrives and broadband internet.
Bitcoin Core will in fact rise the blocksize close to 4 MB. On the SegWit testnet there already have been blocks mined with 1.7 MB, probably even more right now.
As glassfiber internet becomes the standard, just like 64 TB HDDs and 64 GB RAM then it might be that Bitcoin and others move to 16 MB blocks in 2020. But that could already be sooner.
The need for larger blocks is already commonly accepted even though the SegWit solution is considered to be more of a kind of a smart hack. Yet it does result in a blocksize increase. Which is even too small according to some.
More about Bitshares
You can find more inside information here:
https://steemit.com/bitshares/@steempower/bitshares-state-of-the-network-21st-march-2017
Some users mentioned there probablyt will be able to answer your question about the current size of the Bitshares blockchain.
Hope I was able to be of assistance.
With kind regards.