Author: Chris Wardell 2015-05-07 18:38:10
Published on: 2015-05-07T18:38:10+00:00
In the context given, there is a proposal to raise the block size dynamically instead of setting it to a static number like 20MB. The suggestion is to make the maximum block size equal to "pow(2, nHeight/100000) * 1MB," which would double every approximately two years. This approach aims to address the issue of scalability and capacity in blockchain technology by allowing for more transactions to be processed within a block. It is important to note that this proposal is still under consideration and has not yet been implemented.
Updated on: 2023-06-09T19:37:41.516458+00:00