There are many different blockchain networks to keep an eye on, each with their own block size and mining situation. For Bitcoin SV, perhaps the biggest block ever to be mined was generated on the network yesterday.
Bitcoin is often criticized for its small block size.
Many experts feel that a small block size, combined with few transactions to be processed every 10 minutes, remains a key bottleneck.
Forks of Bitcoin, such as Bitcoin SV, have taken a different approach to this particular matter.
A higher block size, and the capability for thousands of transactions in a block, make for an interesting combination.
So much even that a block of 309MB was generated on the Bitcoin SV network.
It contains 1.1 million transactions, which is also worth noting.
In terms of transactions, BSV remains well ahead of the competition.
Who is using the network exactly, or for what type of purpose, is a different matter altogether.
With 1.1 million transactions in this block, it almost feels if the whole ordeal has been orchestrated purposefully.
Whatever the reason is for this particular development, it will certainly get people talking about Bitcoin SV for some time to come.
Whether that is for better or worse, remains to be seen.
In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…
Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…
The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…
Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…
It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…
Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…