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Questions tagged [block-size-increase]

This tag collects questions discussing the plans and arguments around the Block size limit increase from 1MB.

10
votes
1answer
2k views

Is SegWit a blocksize increase or more efficient use of blockspace?

This question gets asked frequently on reddit, and I think it would be beneficial to have a canonical answer here: Is SegWit a blocksize increase or more efficient use of blockspace?
18
votes
1answer
959 views

What is “segregated witness” and how can it improve network scalability?

I've just heard about it, and it is claimed to be a "turning point" in the block-size debate. What is "segregated witness?" how does it work? How can it be used for improving network scalability? ...
14
votes
2answers
2k views

What's the purpose of a maximum block size?

Bitcoin has a maximum of 1 MB of transaction data in each block. Why is this limit present? When was it added? Was it intended to be temporary?
21
votes
2answers
4k views

What are the arguments for and against the increase of the block size limit?

Can someone give a quick point by point list, what arguments the proponents and opponents of increased blocksize have for their case?
6
votes
1answer
193 views

What is bitcoin core developers solution to the increasing number of transactions?

I was reading that BitcoinXT is created to increase the blocksize to accommodate increasing transaction volume, but bitcoin core developers were against to it as it make the currency more centralized. ...
3
votes
1answer
697 views

Why not decrease the difficulty to increase capacity?

There is a persistent debate in Bitcoin about increasing the capacity. The popular idea seems to be to increase the blocksize from its current 1MB to push through more transactions per block. But ...
9
votes
1answer
459 views

What is the Lightning Network proposal? What problem is it trying to solve?

We already have a few questions about technical details of Lightning network, however, … What is the Lightning network proposal in the first place? What problem is it aiming to solve?
16
votes
2answers
400 views

How thoroughly has Segregated Witness been tested?

I've encountered claims that Segregated Witness was "not really tested" and is being "rushed". It is my understanding that SegWit had been running on Elements for more than half a year already, and ...
5
votes
2answers
330 views

What is the impact of Bitcoin XT fork on current Bitcoin holders?

I was reading that there was disagreement on the block size limit and Bitcoin has been forked to Bitcoin XT? With two different flavors of the software running, which might result in two different ...
3
votes
2answers
305 views

Do larger blocks make it harder for smaller miners to compete? Why?

During the discussion of Bitcoin’s scalability, I’ve read the statement that "Large miners benefit from larger block sizes, because it makes it more difficult for small miners to compete." [1] In ...
3
votes
1answer
218 views

Why not multiply “six confirmations” and divide Time-Between-Blocks and Reward by the same factor?

It seems that choosing a good factor to use to expand Bitcoin's capacity is a good idea. The software would divide some of its calculated values by this factor, such as the target time between blocks ...