The average block size in the bitcoin network fell to a two-year low

515 KB - so much is the average block size in the network of bitcoins in recent days. As representatives of the community believe, this is due to general technical improvements in the protocol.

For example, Armin van Bitcoin is convinced that such figures became possible due to such factors as batching of transactions in the work of a number of large bitcoins, growing acceptance of the SegWit protocol, as well as increasingly frequent off-line transactions (for example, in the Lightning Network) .

Recall that activated in the network bitcoin in August 2017 SegWit protocol makes it possible to increase the block to 4 MB, thus refuting the statements of the apologists for various forks of the first crypto currency that only their implementation allows to solve the problem of scaling.

Last year, the network produced the first block of more than 1 MB in size, later blocks of more than 2 MB were produced.

In recent weeks, however, there has been some decline in the number of transactions. So, in early March their number also fell to a two-year low.