Segwit and block size limit
I'am learning about Bitcoin and I didn't understand something. Maybe someone could clarify.I [think] I understood what Segwit does (increases block size, solves malleability and works better with...
View ArticleWhat is the number of transactions in a block?
What determines the number of transactions that can be validated in a block?
View ArticleWhy is the Litecoin blockchain smaller than the Bitcoin one?
I do not understand why Litecoin's blockchain size is an order of magnitude smaller than Bitcoin's. Indeed according to this link the Bitcoin blockchain requires 196.52 GB and Litecoin's 16.55 GB.In my...
View ArticleCan we drive the bitcoin transaction fee arbitrarily close to zero by keep...
Can the bitcoin scalability problem be solved in the long run by increasing the block size limit (either dynamically or statically)?
View ArticleHow are block interval, block size and effective throughput related?
I have two questions:Why does the effective throughput (as defined below) decreases when the block interval is decreased?How does a reduction in the block size results in maintaining a high effective...
View ArticleWhat is the current maximum Bitcoin block size in MB?
BIP141 specifies the following:https://github.com/bitcoin/bips/blob/master/bip-0141.mediawiki#block-sizeBlock sizeBlocks are currently limited to 1,000,000 bytes (1MB) total size. We change this...
View ArticleCreating lage blocks with multiple transactions in regtest mode?
I want to create blocks with multiple transactions in regtest mode.I want to test propagation with blocks of size 1-2 MB on the dash network../dash-cli -regtest -daemon -debug -port=8330 -rpcport=8331...
View ArticleWhy does BIP141 define both virtual transaction size and weight?
Why does BIP 141 (segwit) define both virtual transaction size and weight?Weight seems to be just four times virtual transaction size (or vice versa, depending on what you define first). Why are both...
View ArticleHow much can you compress a bitcoin for storage?
I've just implanted an NFC chip in my hand and I'm wondering if a bitcoin will fit in the chip. it has a capacity of 868 bytes.
View ArticleWhy does a larger block size infer a bigger attack vector
I have read this in several articles that larger block sizes makes adversarial attacks easier. What I wonder is why is that so obvious? is it because in a larger block the number of transactions could...
View ArticleIs there any mechanism in Bitcoin that allows it to dynamically adapt to the...
I've read some books and articles on Bitcoin and feel like I've understood many of its concepts but I'm not able to find an answer to a question I've had for a long time:How does the Bitcoin network...
View ArticleWhat is a fee market? Does it mean that blocks should be full, esp. after...
As we all know, Bitcoin had experienced an unprecedented long-lasting congestion period in 2017. This seems quite horrible to some people generally, but it seems that such phenomenon was on the...
View ArticleWhat happens if "transaction size" is larger than "maximum block size"?
Assuming a transaction size is T Bytes, while maximum block size is B Bytes, such that T>B.What happens for this transaction?It will be divided into two smaller parts and will be stored in two...
View Articlere : minimum sizes of transactions and blocks
I see there's a similar question provided here:What are the minimum sizes for transactions and blocks in Bitcoin?But the answer provided might be not correct in the light that "A valid transaction...
View ArticleWhy do large blocks increase the probability of chain reorgs?
After the recent two chain reorgs taking place in Bitcoin Cash SV, I am finding a number of developers stating that large blocks are the reason for the reorgs:"Almost each time someone is trying to...
View ArticleBlock size limit in Bitcoin v0.01
In main.h (line 17) we have a constant MAX_SIZEstatic const unsigned int MAX_SIZE = 0x02000000;which in decimal format equals to 33554432 (32MB)This constant is used to verify if the block passes the...
View ArticleConcept of Block weight and segwit are still unclear
It seems like duplicated question, but i read many articles and posts to undestand about segwit.Below links are something i readWhat is block weight and how is it different from block size?After Segwit...
View ArticleWhat is the actual Bitcoin block size? 2mb or 1mb?
I am not asking about block weight. I hear many people saying that the actual Bitcon block size is 2mb. However, in any block explorer, I can see that blocks are around 1200kb. This is very confusing,...
View Articleregarding transaction size in a block
In What are the minimum sizes for transactions and blocks in Bitcoin?The first transaction is set to be 65 bytes long, due to coinbase requirements. What about the second one ? That can be 61 bytes...
View ArticleHow can size of a block be significantly small? [duplicate]
As we all know bitcoin block size should be sth about 1MiB. (Some blocks about 2MB). And this is because miners put all transactions to the block every 10 minutes.So what happens technically that...
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