Bitcoin block weight

bitcoin block weight

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Weight = (tx size with witness data stripped) * 3 + (tx size). Each block has a limit of 4M weight units or 1M vbytes (1 vbyte = 4 weight units). The maximum size of a block is nearly equal to the max block weight, so currently 4MB. This is not somehow �made-up� size; the maximum block is really 4MB on-. In , Bitcoin's block size limit was replaced by a block weight limit of 4 million �weight units.� This changed how data in blocks is �.
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Average Bitcoin block size in the past year - Source: Ycharts. The debate as to whether Bitcoin needs bigger blocks has raged on for years. That means the maximum block size measured in vsize is 1 million vbytes. Blocks are batches of transactions that are confirmed and subsequently recorded on a public ledger, in this case the Bitcoin blockchain. A boost for using bitcoin for micropayments.