Still, he scales: the network of Bitcoin got the biggest block in history
Source:
The Network continues to evolve — February 13, was produced a block of the largest size. According to the latest information from Blockchain.com on the background of record low transaction fees, the average rate reached 1.3 megabytes. To date, the blocks of Bitcoin that are mined approximately every ten minutes, according to size regularly exceed 1 megabyte. Prior to the introduction SegWit in August 2017, it was considered that the previous limit.
However, with the advent SegWit in General, the notion of «unit size» was replaced by «unit weight», and then each of them began to hold 4 megabytes of data. According to statistics p2sh.info now on the network SegWit approximately 45 percent of transactions. Moreover, technology has opened opportunities for offchain solutions scale like network, Lightning Network, which also rapidly .
Source: blockchain.info
theTransaction, or the spam?
However, the increase in unit weight can be caused not by the fact that more and more people, for example, began to pay for coffee with bitcoin. One of the largest sources of all transactions in recent months was the company VeriBlock. It accounts for up to 20 percent of transactions in the network. This startup uses Bitcoin OP_RETURN outputs to incorporate additional data to its miners «proof-of-proof». A huge amount of blockchain data from VeriBlock in such a short time, this provoked a debate in the style of "the real transaction or a banal spam".
VeriBlock miners posted 783,000 transactions to 's blockchain in December and are on track for 1,500,000 in January.
— Jameson Lopp (@lopp)
According to the developer Riccardo Casatta, if a company pays Commission, it is not spam.
However, from 1 December 2018 VeriBlock spent about a million Bitcoin transaction op_return. They call it Proof of Proof, but maybe it's more like a Proof of Spam? Why do more than one transaction on the block?
Technical Director, Casa Jameson Lopp sets or questions about whether VeriBlock to maintain its not as effective activities in the long term? Especially in the period of time when transaction fees again grow.
Now they account for about 20 percent of all transactions in BTC. I think it's ineffective. Will be interesting to see how they will last at this rate.
But regardless of who pays for the transaction, mining large blocks at a record low commissions indicates increasing adoption of Bitcoin. More data to search for .
The Current rate of coins can be found in our classroom .
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