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Why 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 ...
Karel Bílek's user avatar
  • 2,705
23 votes
2 answers
13k views

Is there a difference between bytes and virtual bytes (vbytes)?

In an Optech newsletter, size is referred to using vbytes. Is there a difference between vbytes and bytes? If so, what is the difference?
AdaptiveAnalysis's user avatar
4 votes
1 answer
3k views

What is the current maximum Bitcoin block size in MB?

BIP141 specifies the following: https://github.com/bitcoin/bips/blob/master/bip-0141.mediawiki#block-size Block size Blocks are currently limited to 1,000,000 bytes (1MB) total size. We ...
Willtech's user avatar
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9 votes
2 answers
4k views

What is block weight and how is it different from block size?

While reading about BIP141, I have encountered the following options: Block creation options: -blockmaxweight=<n> Set maximum BIP141 block weight (default: 3000000) -blockmaxsize=<n> ...
Sig Touri's user avatar
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3 votes
1 answer
1k views

After Segwit Activation, what is the largest block size possible?

The code says MAX_BLOCK_SERIALIZED_SIZE = 4000000, but that is actually not a actually consensus rule as stated here: https://github.com/bitcoin/bitcoin/issues/10289 The actual consensus rule is ...
Jimmy Song's user avatar
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9 votes
2 answers
2k views

How does SegWit reduce transaction size, when the signature is simply moved to another part of the transaction?

This video explains that the signature is moved out of the input section and moved to the new one called the witness. From what I can tell, the witness signature is still contained in this transaction ...
robinnnnn's user avatar
  • 193
3 votes
2 answers
768 views

How much does the weight of 2-of-3 multisignature inputs differ between P2SH and P2SH-P2WSH?

I'm trying to calculate the weight of a 2-of-3 multisignature P2SH-P2WSH input. I found the related question Predict multi signature transaction size, which I've calculated with m=2, n=3 here: ...
Murch's user avatar
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1 vote
1 answer
454 views

How much will Segwit *actually* increase bitcoin capacity for realistic transactions?

I often see claims that Segwit increases transactions per block by 1.7x to 2x. I'm not sure if this is true, but if I do the math myself, I don't get this number. My understanding is: 1) The “weight”...
Brian's user avatar
  • 133
1 vote
1 answer
540 views

Concept 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 read What is block weight and how is it different from block size? After ...
HSKim's user avatar
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