On the Bitcoin CB network, a giant block of 369 MB is closed

On the Bitcoin CB network, a giant block of 369 MB is closed

On the blockchain, Bitcoin CB has recently processed the largest block of 369 MB in size today.

According to the company TaalBlockchain, which carried out its closure, the record holder contained more than 1.3 million transactions, which is currently an unattainable indicator for bitcoin and bitcoin cache.

Such a huge amount was collected as a result of a competition among users who intentionally tried to conduct as many operations on the BSV network as possible in order to test its capabilities.

Bitcoin CB focuses on the volume of blocks, and not their number, so as not to limit users to the scope. This allows the network to process any amount of transactions without overloading the work. The consequence of this mechanism is a reduction in the amount of commission fees for miners.

Nevertheless, against the backdrop of a decline in the bitcoin network after halving, this move attracted public attention and after extracting a record block, the BSV hashrate almost doubled, from 1.1 EC / s to 2.15 EC / s

, logisticpoint

On the Bitcoin CB network, a giant block of 369 MB is closed

Leave a Comment