On Bitcoin Reaching Block Size Limits

As Bitcoin grows, its blocks are starting to fill up, and thus discussion has been ongoing on how to best handle this. The block size limit is current 1mb per block, 4mb, 8mb and 20mb limits per block are being proposed- I briefly share my ideas on the topic.


Block size limit, blockchain, Cryptocurrency

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From: Tommy World Power

Related topics : current bitcoin block size / bitcoin blockchain size limit

Blockchain pruning How to limit the blockchain size securely

Download as PDF document: http://www.blockchain-library.com/blockchain_pruning.pdf

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Music: John Dowland, M. Giles Hobies his Galiard

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From: Cryptocurrency Technology Educational Program

Related topics : bitcoin blockchain size limit

What is SegWit (Segregated Witness) - Shortly Explained

What is SegWit (Segregated Witness)..??

SegWit is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions. When certain parts of a transaction are removed, this frees up space or capacity to add more transactions to the chain.

Segregate means to separate, and Witnesses are the transaction signatures. Hence, Segregated Witness in short, means to separate transaction signatures.

The concept of SegWit was formulated by Dr....

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From: Bitcoin News and updates

Related topics : bitcoin blockchain size limit