So for some time i was thinking about a process where you “squash” the blockchain.
This would reduce its size significantly while maintaining integrity.
The process would look like this:
- Summarize all transactions to a certain block
- Throw away adresses with a balance of 0
- Create a new genesis block containing all adresses that have a positive balance
Would this be possible?
What do you think about this?
Ps: Im new to blockchain and this community. So please dont be too harsh :]