Average BTC block size reaches new ATH at over 2 MB

1 year ago

Glassnode information analyzed by CryptoSlate shows that Bitcoin (BTC) mean artifact size reached a caller all-time precocious by reaching 2.25 megabytes (MB).

 Glassnode)BTC Mean Block Size (Source: Glassnode)

The illustration supra demonstrates the mean artifact size of BTC since the opening of 2022. A caller spike pushed the artifact size implicit 2 MB. The information indicates that the artifact size continues to turn astatine the clip of writing.

Block size reflects the magnitude of information 1 artifact stores. A 1 MB size artifact has capable country to store implicit 2000 transactions.

Upon launch, BTC’s maximum artifact size was acceptable astatine 128 MB. However, a planned hard fork was executed connected the BTC blockchain successful July 2019, which increased the artifact size to a maximum of 2 GB. This size tin beryllium stretched to turn up to 4 GB with SegWit.

The station Average BTC artifact size reaches caller ATH astatine implicit 2 MB appeared archetypal connected CryptoSlate.

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