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Vitalik Buterin on Bitcoin Blocksize Wars - Lex Fridman Podcast Clips
The current bitcoin blocksize is limited to 1mb. This means, on average, only 1mb worth of transactions can be written to the ledger. With that 1mb we save. Blocks have been mining on Bitcoin's blockchain that are over 2MB, despite having a limit of 1MB. Here's why this happens. mycryptocointools.com � questions � how-is-the-block-size-of-bitcoin-1mb-wh.
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Originally, Bitcoin's block size was limited by the number of database locks required to process it at most Blockchain has none of that historical advantage, and has essentially only existed since , and has not benefited much from mass adoption mostly because it's extremely easy for rational consumers to dismiss it as slow, or "only scammers use it," which would be even less true if legitimate users dismissed it less easily. Mastering Bitcoin 2nd ed. In case of a soft fork, all mining nodes meant to work in accordance with the new rules need to upgrade their software.