Post
Topic
Board Development & Technical Discussion
Re: Blocksize needs to be increased now.
by
Jet Cash
on 06/03/2016, 16:40:48 UTC
We are reaching the blocksize limit fast and delays in confirming transactions with standards fees is becoming noticeable. A consensus needs to be found quickly otherwise Bitcoin is going to choke in unconfirmed transactions soon.

https://blockchain.info/charts/avg-block-size?showDataPoints=false&show_header=true&daysAverageString=7×pan=all&scale=1&address=

because of the limit, there will be so many unconfirmed transactions. it's not good. hope there'll be solution soon

I wonder how they created that chart. Given the reports of empty blocks, and blocks with under 512k, to get to that final figure, I would expect some blocks to be over 1.5Mb. I understand that this is not possible atm. Smiley