A Deep Dive on Bitcoin Scaling Solutions with John Light
Blockware Podcast
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How Much Data Can Be Compressed?
You mentioned the idea of data compression. Are there like limits as to how much that data can be compressed? And if so, like, what are they or what are your thoughts on that? Yeah, I think the smallest that I've seen roll up transactions get in practice is around 12 bytes per transaction. You can compare that to a normal, like Bitcoin. Let's say one in two out transaction, which is a couple hundred bytes. So you can get that down to, like, five or 10% of the size of a normal Bitcoin transaction.
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