Tag Archive: Mircea Popescu

  • Bitcoin, Knowledge Base, Mining, Uncategorized

    The Optimal Block Size

    In this article I will explain how the size of Bitcoin blocks is determined in the absence of an arbitrary size limit. Oleg has already written an excellent post on this topic, but I have a few things to add and I wish to relate the discussion to the current debate over increasing the block size. If the maximum limit on block size is removed, it is not the case that blocks will simply grow

    · October 18, 2014 · 4:03 pm