Bitcoin Forum
June 19, 2018, 10:40:50 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What is the current max block size?  (Read 162 times)
K210
Hero Member
*****
Offline Offline

Activity: 593
Merit: 500


“Transforming the Global Shipping Industry”


View Profile
November 23, 2017, 12:32:15 PM
 #1

I've been away from bitcoin for a while and just checked a bitcoin block explorer to find blocks larger than 1MB. Has the maximum block size been raised or has this got something to do with segwit? Also if the max block size has gone up what is it now?

         ▄███████▄▀▄         
     ▄██▌████████▀▀ ▄██▄     
    █████▐███▀▀▄▄██▄▀█████   
 ▄█ ▄▄▀▀██▄▀▀▄██████▌▀███▀▀ 
 ██▌████▄ ▄▄ ▀██████▄ ▄▄▄███▄
▀▀██▌▀█▀▐█████▄▀██████▐██████
██▄▄▀  █████████▄▄▀▀█▀▐██▀▀▄▄
▐▄▀██  ▄▄▄▄▀▀▀▀▀████▄  ▄▄███▀
 ▀█` ▐█▄▀███████▄▄▄▄▄▐█▄▀███
  ▀▌█▄▄▀▀ ▀▀████████▀▐███▄▀ 
    ▀█████▄ ▄▄▄▀▀▀▀ ▀▀▀▀▀   
      ▀▀████▄▀████ ▄██▀     
          ▀▀▀▀ ▀▀ ▀         
]   GSCP TM

.Blockshipping.
▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅


 
▄██
███
███
███
███

.TRANSFORMING. THE GLOBAL

CONTAINER SHIPPING INDUSTRY
 
▄██
███
███
███
███
███
███
■  Enables Savings

■  Global Adoption

■  Reduces Emission
         ▄███████▄▀▄         
     ▄██▌████████▀▀ ▄██▄     
    █████▐███▀▀▄▄██▄▀█████   
 ▄█ ▄▄▀▀██▄▀▀▄██████▌▀███▀▀ 
 ██▌████▄ ▄▄ ▀██████▄ ▄▄▄███▄
▀▀██▌▀█▀▐█████▄▀██████▐██████
██▄▄▀  █████████▄▄▀▀█▀▐██▀▀▄▄
▐▄▀██  ▄▄▄▄▀▀▀▀▀████▄  ▄▄███▀
 ▀█` ▐█▄▀███████▄▄▄▄▄▐█▄▀███
  ▀▌█▄▄▀▀ ▀▀████████▀▐███▄▀ 
    ▀█████▄ ▄▄▄▀▀▀▀ ▀▀▀▀▀   
      ▀▀████▄▀████ ▄██▀     
          ▀▀▀▀ ▀▀ ▀         
]   GSCP TM
1529448050
Hero Member
*
Offline Offline

Posts: 1529448050

View Profile Personal Message (Offline)

Ignore
1529448050
Reply with quote  #2

1529448050
Report to moderator
1529448050
Hero Member
*
Offline Offline

Posts: 1529448050

View Profile Personal Message (Offline)

Ignore
1529448050
Reply with quote  #2

1529448050
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529448050
Hero Member
*
Offline Offline

Posts: 1529448050

View Profile Personal Message (Offline)

Ignore
1529448050
Reply with quote  #2

1529448050
Report to moderator
Colorblind
Member
**
Offline Offline

Activity: 196
Merit: 31

This text is irrelevant


View Profile
November 23, 2017, 01:11:16 PM
 #2

https://medium.com/@jimmysong/understanding-segwit-block-size-fd901b87c9d4

Quote
So How Big Can Segwit Blocks Get?
Blocks received by legacy nodes will be less than 1,000,000 bytes. Blocks received by Segwit nodes, on the other hand, can be bigger, but how much bigger?
It turns out that if you made a pathologically large Segwit transaction, you can make a block with just the coinbase transaction and a pathologically large Segwit transaction that’s very close to 4MB. Essentially, this pathologically large Segwit transaction would be mostly Witness Data with the block weight just under 4,000,000. That block would be very close to 4MB, but way under 1,000,000 bytes when stripped of witness data. This is an extraordinary case and wouldn’t be very profitable for a miner unless that transaction also had an extraordinarily high fee.
The normal case without pathologically large/giant fee Segwit transactions results in a block size of around 2MB, which is what the creators of Segwit designed for. When you hear someone say “Segwit is a block size increase”, this is what they’re referring to. The average Segwit block size will be roughly 2MB, though Legacy nodes will still receive blocks that are 1,000,000 bytes or lower due to stripped witness data.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!