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Bitcoin => Development & Technical Discussion => Topic started by: wsxdrfv on May 31, 2018, 12:38:40 AM



Title: Bitcoin block size?
Post by: wsxdrfv on May 31, 2018, 12:38:40 AM
Bitcoin's block size is 1mb? I know 1mb is starting size of 2009 year.

Then how much is current status?

And it requires Hardfork? or Softfork?

Because of that 1mb size, Transactions capacity bitcoin can deal is limited? 7 transactions per 1 second? Is this right?


Title: Re: Bitcoin block size?
Post by: Carlton Banks on May 31, 2018, 12:44:46 AM
Nope

Every piece of information you posted is wrong

Please search for information before you post topics that contain totally incorrect information


Title: Re: Bitcoin block size?
Post by: mdayonliner on May 31, 2018, 12:51:31 AM
Bitcoin's block size is 1mb? I know 1mb is starting size of 2009 year.

Then how much is current status?

And it requires Hardfork? or Softfork?

Because of that 1mb size, Transactions capacity bitcoin can deal is limited? 7 transactions per 1 second? Is this right?

Not sure if you are trying to mess up or not. Just give me a reference of your findings then may be you will find me interested to answer your questions. Good luck


Title: Re: Bitcoin block size?
Post by: ETFbitcoin on May 31, 2018, 04:52:06 AM
1. Block size limit wasn't 1MB in 2009. 1MB limit introduced to prevent spam/attack.
2. Bitcoin don't use block size limit anymore, but block weight limit which is 4.000.000 weight units. So, current maximum block size we can see is 1MB if no one use SegWit, about 2MB if majority use SegWit and close to 4MB if everyone use SegWit in specific case.
3. SegWit or changing to block weight limit used soft-work.
4. Since Bitcoin use SegWit and block weight limit, maximum TPS (if the block is full) could reach up to 20 TPS.

Reference : https://bitcointalk.org/index.php?topic=3590240.msg36497029#msg36497029 (https://bitcointalk.org/index.php?topic=3590240.msg36497029#msg36497029)


Title: Re: Bitcoin block size?
Post by: wsxdrfv on May 31, 2018, 05:50:20 AM
1. Block size limit wasn't 1MB in 2009. 1MB limit introduced to prevent spam/attack.
2. Bitcoin don't use block size limit anymore, but block weight limit which is 4.000.000 weight units. So, current maximum block size we can see is 1MB if no one use SegWit, about 2MB if majority use SegWit and close to 4MB if everyone use SegWit in specific case.
3. SegWit or changing to block weight limit used soft-work.
4. Since Bitcoin use SegWit and block weight limit, maximum TPS (if the block is full) could reach up to 20 TPS.

Reference : https://bitcointalk.org/index.php?topic=3590240.msg36497029#msg36497029 (https://bitcointalk.org/index.php?topic=3590240.msg36497029#msg36497029)
Thanks!
What is that weight? Weight limit?


Title: Re: Bitcoin block size?
Post by: ETFbitcoin on May 31, 2018, 06:40:17 AM
1. Block size limit wasn't 1MB in 2009. 1MB limit introduced to prevent spam/attack.
2. Bitcoin don't use block size limit anymore, but block weight limit which is 4.000.000 weight units. So, current maximum block size we can see is 1MB if no one use SegWit, about 2MB if majority use SegWit and close to 4MB if everyone use SegWit in specific case.
3. SegWit or changing to block weight limit used soft-work.
4. Since Bitcoin use SegWit and block weight limit, maximum TPS (if the block is full) could reach up to 20 TPS.

Reference : https://bitcointalk.org/index.php?topic=3590240.msg36497029#msg36497029 (https://bitcointalk.org/index.php?topic=3590240.msg36497029#msg36497029)
Thanks!
What is that weight? Weight limit?

https://en.bitcoin.it/wiki/Block_weight (https://en.bitcoin.it/wiki/Block_weight)
https://segwit.org/understanding-segregated-witness-905cc712c692 (https://segwit.org/understanding-segregated-witness-905cc712c692)

Please do research before asking next time since you can find about this on Search Engine easily.