Questions tagged [blocksize]
Collects questions discussing the memory limit of blocks.
89
questions
2
votes
1
answer
179
views
What is the maximum number of taproot transactions that can be mined in a single block?
If all transactions in a block were spending one p2tr output using the key-path spend and sending to a p2tr output, how many of these transactions could we fit in a single block?
- 651
8
votes
2
answers
957
views
Was the lifting of the Taproot transaction size limit "accidental"? Why would ordinals want to fill a block with OP_RETURNs?
I was reading this Twitter thread from pourteaux. I'm pretty sure there are some inaccuracies in it but I have a couple of questions.
He states:
Taproot accidentally blew up the old transaction size ...
- 14.5k
2
votes
0
answers
28
views
How many transactions could fit in a Bitcoin block pre-SegWit and post-SegWit? [duplicate]
I am interested in how many transactions could fit into a 1MB Bitcoin block before SegWit and then afterwards. I can't find good information about this online and the figures seem to vary quite a bit.
...
0
votes
1
answer
63
views
Fee adjusted block size
I imagine this has been thought through and dismissed at some point, but what about a difficulty-adjustment-like thing for block size.
It would aim to maintain a constant-ish fee size by raising and ...
4
votes
3
answers
644
views
Will the bitcoin blockchain eventually grow too large to be able to be run 'by anyone'?
A key component of bitcoin is its decentralization (which effectively only exists with BTC and virtually nothing else). Part of this decentralization is the decentralization of the bitcoin nodes, ...
- 263
1
vote
1
answer
54
views
Why there are signature and public key pair on blocks when transaction verifying is over
I'm student studying about bitcoin and blockchain. I want to know why all blocks have signature and key pair after the transaction is over.
Why I ask this, I'm studying post quantum cryptography (PQC) ...
- 27
0
votes
1
answer
309
views
Determination of Block Size Limit
In Bitcoin Mining, there is a limit on the size of any block added to the chain.
What happens if, for instance, a block's nonce is so large that the block's size exceeds the limit?
Secondary questions:...
- 103
0
votes
2
answers
496
views
How will upgrades to Bitcoin such as Taproot help allow increase of block sizes?
Bitcoin's block size, hardcoded at 1MB, has been limited by the capabilities of its weakest full nodes. The block size limits the number of transactions on the blockchain outside of Layer 2 solutions, ...
- 109
1
vote
1
answer
87
views
Discrepancy in the blockchain size
There are approximately 700,000 blocks as of March 2021 [1]. How comes the blockchain size is only ~350 GB [2] and not 700 GB given that the block size is 1 MB?
Thank you for your help.
- 131
1
vote
1
answer
66
views
Why is the block size so big, taking into account a relatively small number of transactions?
Why the size of the block 656143 is so big (Size: 2,337,727 bytes), taking into account a relatively small number of transactions (Number of Transactions: 84)?
Extra question: What is the block size ...
- 137
7
votes
1
answer
345
views
Satoshi introduced the 1MB block size limit in a commit. Why did Andresen make an identical commit some days later?
Satoshi added the 1MB block size limit in this commit on 15 July 2010
https://github.com/bitcoin/bitcoin/commit/a30b56ebe76ffff9f9cc8a6667186179413c6349
https://sourceforge.net/p/bitcoin/code/103
...
- 567
2
votes
2
answers
1k
views
What's the blocksize limit after segwit and how do legacy nodes deal with segwit transactions?
Normally, I heard that the bitcoin blocksize is 1MB, but with the Segwit update the blocksize can be up to 4MB, so we should say that the blocksize is 4MB, right? Moreover legacy nodes only receive ...
- 153
0
votes
0
answers
31
views
What is the current growth rate of the bitcoin blockchain size month by month in 2020?
I'm looking to get a VPS to host a btc full node and would like to know how much space I should get and what is the current Bitcoin blockchain growth rate on a monthly basis?
- 11k
0
votes
1
answer
75
views
Why downloaded Block Size doesn't match with actual block size mentioned on network?
I am trying to download a block(Height:474044) using an API from here in python. Block is obviously downloaded in JSON format. But when I store it in a file on my system it shows very weird size ...
4
votes
2
answers
325
views
Why is the block size is not filled with transactions?
Since a miner can acquire the fees from the transactions in a block, the miner should package as many transactions as possible in a block.
However, I recently found a block (blocknum: 602297) with a ...
- 41
0
votes
1
answer
76
views
How much bandwidth needed for bitcoin bigger blocks
If the Bitcoin blockchain would support 2000 transactions per second, how big would the blocks need to be (with segwit at 100% lets say), and most importantly, how much bandwidth would be necessary ...
0
votes
1
answer
50
views
How can size of a block be significantly small? [duplicate]
As we all know bitcoin block size should be sth about 1MiB. (Some blocks about 2MB). And this is because miners put all transactions to the block every 10 minutes.
So what happens technically that ...
- 303
2
votes
1
answer
143
views
What is the actual Bitcoin block size? 2mb or 1mb?
I am not asking about block weight. I hear many people saying that the actual Bitcon block size is 2mb. However, in any block explorer, I can see that blocks are around 1200kb. This is very confusing, ...
21
votes
2
answers
10k
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?
- 659
1
vote
1
answer
501
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 ...
- 41
2
votes
1
answer
300
views
Block size limit in Bitcoin v0.01
In main.h (line 17) we have a constant MAX_SIZE
static const unsigned int MAX_SIZE = 0x02000000;
which in decimal format equals to 33554432 (32MB)
This constant is used to verify if the block ...
- 385
1
vote
2
answers
300
views
Why do large blocks increase the probability of chain reorgs?
After the recent two chain reorgs taking place in Bitcoin Cash SV, I am finding a number of developers stating that large blocks are the reason for the reorgs:
"Almost each time someone is trying to ...
- 659
0
votes
1
answer
100
views
regarding transaction size in a block
In What are the minimum sizes for transactions and blocks in Bitcoin?
The first transaction is set to be 65 bytes long, due to coinbase requirements. What about the second one ? That can be 61 bytes ...
- 11
0
votes
1
answer
69
views
re : minimum sizes of transactions and blocks
I see there's a similar question provided here:
What are the minimum sizes for transactions and blocks in Bitcoin?
But the answer provided might be not correct in the light that "A valid transaction ...
- 11
3
votes
1
answer
71
views
Would signature aggregation reduce the largest feasible blocksize
If a Schnorr signature aggregation scheme were to be integrated into Bitcoin. Would the reduction in witness data versus non witness data (need less bytes for a signature therefore witness data usage ...
- 691
1
vote
1
answer
85
views
What is a fee market? Does it mean that blocks should be full, esp. after several halvenings?
As we all know, Bitcoin had experienced an unprecedented long-lasting congestion period in 2017. This seems quite horrible to some people generally, but it seems that such phenomenon was on the ...
- 922
1
vote
2
answers
105
views
Is there any mechanism in Bitcoin that allows it to dynamically adapt to the flow of transactions?
I've read some books and articles on Bitcoin and feel like I've understood many of its concepts but I'm not able to find an answer to a question I've had for a long time:
How does the Bitcoin network ...
- 113
1
vote
2
answers
42
views
How much can you compress a bitcoin for storage?
I've just implanted an NFC chip in my hand and I'm wondering if a bitcoin will fit in the chip. it has a capacity of 868 bytes.
- 11
3
votes
2
answers
1k
views
How are block interval, block size and effective throughput related?
I have two questions:
Why does the effective throughput (as defined below) decreases when the block interval is decreased?
How does a reduction in the block size results in maintaining a high ...
- 133
3
votes
3
answers
3k
views
Why is the Litecoin blockchain smaller than the Bitcoin one?
I do not understand why Litecoin's blockchain size is an order of magnitude smaller than Bitcoin's. Indeed according to this link the Bitcoin blockchain requires 196.52 GB and Litecoin's 16.55 GB.
In ...
- 147
1
vote
0
answers
94
views
Segwit and block size limit
I'am learning about Bitcoin and I didn't understand something.
Maybe someone could clarify.
I [think] I understood what Segwit does (increases block size, solves malleability and works better with ...
- 11
0
votes
2
answers
215
views
Wasn't 0-conf more secure than Visa, before blocks got full and RBF was added?
RBF and full blocks make 0-conf useless, because it's easy to override. Wasn't it once useful? I've heard without those it's more secure than Visa in terms of double spending.
- 101
0
votes
1
answer
398
views
How and why increasing and decreasing block size will affect transaction fees?
I am reading an article on bitcoin wiki about bitcoin block size https://en.bitcoin.it/wiki/Block_size_limit_controversy and it says that increasing block size will lead to "Bitcoin competitors will ...
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 ...
- 3,196
1
vote
1
answer
149
views
Does Bitcoin Cash validate the fears about larger block sizes?
I read on this forum that a larger block size wouldn't necessarily mean less blocks since blocks are mined every ten minutes, and this is why block size should remain smaller --
Wouldn't a full ...
- 405
1
vote
3
answers
134
views
Can we drive the bitcoin transaction fee arbitrarily close to zero by keep increasing the block size limit?
Can the bitcoin scalability problem be solved in the long run by increasing the block size limit (either dynamically or statically)?
- 111
4
votes
1
answer
631
views
Why increasing block size increases centralisation?
I understand this is a contentious question. Help me understand Why increasing block size increases the risk of centralization?
I don't understand what Antonopoulos meant when he said few people can ...
- 317
3
votes
1
answer
126
views
Adjustable block size
We know that PoW difficulty is adjusted s.t a block is found roughly in every 10 minute. So, if nodes happen to mine a block too fast, difficulty is increased and vice versa.
I wonder if it's ...
- 335
0
votes
1
answer
34
views
Improving transaction handling in shops: Is sending "prepared/approved/signed" transactions to a shop owner possible?
I am quite new to the idea of bitcoin but I have understood one of the main problems:
Sending money with Bitcoin takes approximately 10 minutes, by design. For use at the counter in a shop this is ...
- 110
0
votes
1
answer
96
views
Wouldn't a full node use nearly the same space for large or small block sizes?
I keep hearing that a larger block size for Bitcoin increases the network weight for full nodes, i.e. more hard drive space required for full nodes.
And hence it would make less full nodes, and so ...
- 3
13
votes
1
answer
5k
views
With 100% segwit transactions, what would be the max number of transaction confirmation possible on a block?
With 100% segwit transactions, what would be the max number of transaction confirmation possible on a block?
And, how many utxo can be updated by a block full of segwit transactions?
- 1,842
1
vote
1
answer
450
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”...
- 133
2
votes
0
answers
186
views
How much will Segwit increase the number of transactions that can fit in each block?
How much weight would the witness data have on the total block size? What is the culminating effect of this on the number of transactions that can fit into each block?
Thanks in advance :)
- 122
3
votes
1
answer
123
views
Why does a larger block size infer a bigger attack vector
I have read this in several articles that larger block sizes makes adversarial attacks easier. What I wonder is why is that so obvious? is it because in a larger block the number of transactions could ...
- 261
0
votes
1
answer
227
views
1 block only allow about 2000 transactions. Does it mean every 10 minutes, bitcoin can allow 2000 transactions?
Hi I very new to bitcoin and don't understand this. Isn't this 2000 too small? I thought there would be more than 10,000 transactions going around every 10 minutes. Especially when there is an ICO ...
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 ...
- 7,729
1
vote
1
answer
139
views
Is it possible that transactions throughput will grow to beyond what can be synchronized?
The number of users increases, and thus the number of transactions. Is it possible that in the future transactions arise faster than I can sync them?
- 11
1
vote
2
answers
199
views
What is the weight of a block that contains no pay-to-witness scripts?
I'm trying to understand block weight, a metric introduced by segwit (BIP-141):
block weight = 3 * base size + total size
"base size" is the length of a pre-segwit block, which contains only ...
- 2,311
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> ...
- 457
0
votes
1
answer
490
views
Minimum transaction fee to COMPLETE when mempool is +50 MB
As of June 11, 2017:
Mempool History - < Blockchain.info
the mempool is currently about 50 MB, and
a week ago, the mempool was about 100 MB.
The blocks mined per day are about 150, so at 1 ...
- 101