31 Mar '16, 1pm

Cornell Study Recommends 4MB Blocksize for Bitcoin

[PDF] reveals some striking results in showing that 50% of bitcoin’s nodes, that is approximately 2,500 nodes, would not be affected by a blocksize of just under 40MB, translating to 250 transactions per second or approximately 10 million transactions a day. Furthermore, 10% of the bitcoin network, that is almost 500 bitcoin nodes, can today operate under a blocksize of 200MB, at which point the network reaches comparable levels to the VISA payment network.

Full article: https://www.cryptocoinsnews.com/cornell-study-recommends-...

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