Can The Bitcoin Blockchain Get Too Big? If bitcoin predictions and the utility of blockchain is realized by financial institutions, corporations, and governments, and the switch to a bitcoin blockchain only system is made, then yes, the bitcoin blockchain can most certainly get too big.
Be that as it may, where are the transactions recorded in a Blockchain?
The ledger is distributed across several nodes, meaning the data is replicated and stored instantaneously on each node across the system. When a transaction is recorded in the blockchain, details of the transaction such as price, asset, and ownership, are recorded, verified and settled within seconds across all nodes.
Same, where is the Bitcoin Blockchain stored? Blockchain is decentralized and hence there is no central place for it to be stored. That's why it is stored in computers or systems all across the network. These systems or computers are known as nodes. Each of the nodes has one copy of the blockchain or in other words, the transactions that are done on the network.
Despite that, where is Bitcoin core data directory?
Default Location "AppData" and "Application data" are hidden by default. You can also store Bitcoin data files in any other drive or folder. Start Bitcoin, now you will see all the files are created in the new data directory.
How does Bitcoin store data?
Blockchain can be understood as a shared public ledger or accounting system that records every confirmed transaction made by Bitcoin users. ... Therefore, bitcoin is stored in the blockchain in the sense that it has the record of how much bitcoin is in a specific address or Bitcoin wallet.