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The journal of all confirmed Bitcoin transactions. The blockchain consists of a linked sequence of blocks and each block contains a list of transactions.—Please use [blockchain.info] for the eponymous UK-based company.
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How can block time and block size be fixed when transaction volume is constantly increasing?
As I understand it the network rejects blocks over 1MB, and block hash difficulty is set after each block is created as to keep the block time close to 10min.
But if people are constantly joining t …