Topic: 7k txns Bitcoin Block in testnet and above 2.6 mb (Read 380 times)

this is not yet a time to get excited. you need to take a few things into account
1. the transactions in that block are purposefully made 1in1out (not what people usually do as a real life (hint: no change addresses))
2. if we made a traditional block of 1in1out transactions(221byte)... it would offer 4524tx for 1mb.. (emphasis: but in over 7 years we have never had a real life scenario of that 100% lean transactions)
3. every transaction is segwit.

so do not expect 6,893 to be the norm. or even something we will see frequently or even occasionally, again treat that as the MAXIMUM possible.. just like 4524tx is the maximum possible for bitcoin for the last 7 years.. (emphasis: theoretically possible but realistically improbable for real life usage)

segwit works by splitting the data (using 221byte as an example number)
EG 82bytes go in the Base_block and 39bytes go in the Witness block
instead of traditionally
221bytes go in the base_block

remember when segwit goes live. not everyone is going to be doing 1in1out tx's(which will dilute the probability due to more than 82bytes in Base_block)).. PLUS not everyone is going to be using segwit(which will dilute the probability further)..

remember segwit is not suppose to be "the ultimate capacity increase solution", that's just a possible side effect.

however. reality is traditional blocks offer 2500tx average(not 4524tx).. which would rationally be for post segwit activation about 3000tx average for real world usage(not 6893tx).. if 80-90 percent of people moved over to use segwit keypairs

however reality is traditional blocks offer 2500tx average(not 4524tx).. which would rationally be for post 2mb hard fork activation about 5000tx average for real world usage(not 9048tx)

Someone's filling up those blocks

We have a block with 7ktxns in testnet

https://www.blocktrail.com/tBTC/block/0000000000001280a3d758cb956e565daffd5af0e6b6723f28e1cbcda0da8652

and block size above 2.6mb

▶ btcctl --testnet getblock 0000000000000aefc03aefe53098b095cb41c93a91eabe7a494a36e4fa0c7cd0 | more
{
  "hash": "0000000000000aefc03aefe53098b095cb41c93a91eabe7a494a36e4fa0c7cd0",
  "confirmations": 3,
  "strippedsize": 27485,
  "size": 2767517,
  "cost": 2849972,
  "height": 893443,
  "version": 536870912,
  "merkleroot": "d33fe22bedbb078215c57a451756f602db1db559b101f230964e3ece7da6b0e9",