How is the transaction stored on every node?

I'm reading about bitcoins, one thing i dont understand is how is it practical to store the entire transaction data in each computer. I just checked blockchain.com where each tranaction is 300 bytes and there are approximately 40k btc tranactions in a day.

400k*300 bytes = 120 mega bytes and in the future its gonna grow a lot. ( 10 days, 1 giga byte ) ( 100 days, 10 giga byte ) ( 1 year, 30 giga byte )

so if i have bitcoins for an year, i need 30 gb just to be part of bitcoin network? and it's only gonna grow from here. is that how it works?

submitted by /u/TurboThunderThruster
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