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Bigger is better – Why a blockchain’s size and scalability matters
Blockchain size and scalability are two crucial features that underpin the effectiveness and viability of any blockchain network. A rapidly growing blockchain can become unwieldy, making it challenging for participants to store and synchronise the entire ledger.
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Uncapping block sizes: The road to resolution?
Taking a different path from BTC, the BSV blockchain has removed the cap on block sizes. This revolutionary approach allows for a dramatically increased number of transactions per block, providing substantial transaction fee revenue for miners.
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The repercussions of limited block sizes in BTC
Bitcoin Core (BTC) has been a pioneer in the blockchain space. However, its decision to limit block sizes to 1MB has stirred numerous debates.