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Topic: The newly found block has size larger than 1MB? - page 2. (Read 949 times)

legendary
Activity: 2674
Merit: 2965
Terminated.
Woot! But BTC.com and ViaBTC still mine blocks under 1MB.
They have to set the maximum weight to 4 MB, otherwise this won't work which is why it's already less effective than it should be. Most miners are lazy / slow / incompetent or malicious. Take a look at the nice blocks that Antpool is mining: https://www.blocktrail.com/BTC/pool/antpool.
legendary
Activity: 1470
Merit: 1079
Woot! But BTC.com and ViaBTC still mine blocks under 1MB.

if so, why do we need segwitX2?  if we already have average of 2MB?
The average is still 1MB. I now know I know nothing anymore.
What is Weight (kWU)? https://bitcoin.stackexchange.com/questions/54726/what-is-block-weight-and-how-is-it-different-from-block-size answers:
Quote
'Block weight is defined as Base size * 3 + Total size. (rationale[3])'

The block transaction capacity of non-Segwit transactions is the same as before Segwit, 1 MB.

Blocks received by legacy nodes will be less than 1,000,000 bytes. Blocks received by Segwit nodes, on the other hand, can be up to 4 MB.

The average Segwit block size will be roughly 2 MB, though Legacy nodes will still receive blocks that are 1,000,000 bytes or lower due to stripped witness data.

https://medium.com/@jimmysong/understanding-segwit-block-size-fd901b87c9d4

woot???!!! Look at the newly found block 481947. It has size larger than 1MB? Is this because of Segwit? Can anyone please explain to me?

Yes, it is because of Segwit. Segwit is a block size increase up to a maximum of 4 MB with an average limit of 2 MB.

https://blockchain.info/block-height/481947

if so, why do we need segwitX2?  if we already have average of 2MB?

That's the point, we don't need it.
hero member
Activity: 574
Merit: 500
Woot! But BTC.com and ViaBTC still mine blocks under 1MB.

if so, why do we need segwitX2?  if we already have average of 2MB?
The average is still 1MB. I now know I know nothing anymore.
What is Weight (kWU)? https://bitcoin.stackexchange.com/questions/54726/what-is-block-weight-and-how-is-it-different-from-block-size answers:
Quote
'Block weight is defined as Base size * 3 + Total size. (rationale[3])'
full member
Activity: 210
Merit: 100
woot???!!! Look at the newly found block 481947. It has size larger than 1MB? Is this because of Segwit? Can anyone please explain to me?

Yes, it is because of Segwit. Segwit is a block size increase up to a maximum of 4 MB with an average limit of 2 MB.

https://blockchain.info/block-height/481947

if so, why do we need segwitX2?  if we already have average of 2MB?
legendary
Activity: 1470
Merit: 1079
woot???!!! Look at the newly found block 481947. It has size larger than 1MB? Is this because of Segwit? Can anyone please explain to me?

Yes, it is because of Segwit. Segwit is a block size increase up to a maximum of 4 MB with an average limit of 2 MB.

https://blockchain.info/block-height/481947

https://bitcoincore.org/en/2016/01/26/segwit-benefits/#block-capacitysize-increase
full member
Activity: 210
Merit: 100
woot???!!! Look at the newly found block 481947. It has size larger than 1MB? Is this because of Segwit? Can anyone please explain to me?
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