Examples of using Blocksize in English and their translations into Vietnamese
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Colloquial
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Ecclesiastic
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Computer
Satoshi himself said, of the blocksize limit.
Bitcoin has a blocksize limited to 1 megabyte(MB).
Bitcoin Cash uses the same codebase, but with a Blocksize limit of 8Mb.
Initially, Bitcoin's Blocksize limit was 1MB(today it's 2MB).
Segregated Witness or"SegWit" is an unacceptable substitute for increasing the blocksize for several reasons.
Originally, the Blocksize limit of Bitcoin was 1MB(It is now 2MB).
When that happens, we hope the community will come together and find a solution,possibly with a blocksize increase.
Eventually, Dash plans to increase its blocksize to hundreds of megabytes.
As a first step, the blocksize limit has been made adjustable, with an increased default of 8MB.
The most simple solution, and the one adopted by Bitcoin Cash,is to increase the Max Blocksize Limit parameter of the Bitcoin codebase.
In 2010, when the blocksize limit was introduced, Bitcoin was radically different than today.
What's deeply troublesome is that these spin-offs sprung from a relatively minorsquabble in the Bitcoin community on how to handle the blocksize limit.
The most notable one is its 8MB blocksize that can process 28-34 transactions per second.
At 1MB miners refused to raise it further, despite Nakamoto clearly stating thenetwork should keep scaling by increasing the blocksize.
Doing away with the concept of a blocksize, a new metric was made called blockweight.
However, Bitcoin's current blocksize limit only allows for 1MB of data to be stored every 10 minutes.
Compare this to Bitcoin, where debate on the blocksize has been raging for nearly three years.
With Ethereum there is a blocksize limit too- so you're paying for premium space in the next block just like with Bitcoin.
Anybody familiar with Bitcoin is aware of thevexing problem caused by the 1 MB blocksize limit and the controversy that arose over how to scale the network.
They remain determined that any blocksize increase will be a de facto hard fork away from the“real Bitcoin.”.
With the slow uptake of Segregated Witness andthe effective death of plans to increase Bitcoin's blocksize, all eyes turn to the Lightning Network to make Bitcoin viable again for payments.
I frankly couldn't care less whether the blocksize is increased to 2 MB or not, and I can't imagine that it would make much of a difference in the long run in any event.
These 1000 1KB transactions would obviously fill the current blocksize of 1MB, but remember blocksize isn't even a metric any more.
Compare this to Bitcoin, where debate on the blocksize has been raging for nearly three years and has resulted in serious splits within the community and even forks to the Bitcoin blockchain.
Setting it apart from Bitcoin Classic is its increased blocksize to accommodate more transactions within a given amount of time.
While some blockchain communitieshave increased on-chain transaction capacity(e.g. blocksize increases), this approach generally degrades the decentralized state of the network and cannot reach the millions of transactions per second the system would generate at world-scale.
The new version of Dash included a number of fixes,code to increase the blocksize to 2 MB and other changes that will be needed for the project's major Evolution release in 2018.
Bitcoin Cash immediately raises the blocksize limit to 8MB as part of a massive on-chain scaling approach.
It's apparent that Satoshi foresaw the removal of the blocksize limit as trivial and had no idea that such a minor code change would generate a firestorm.