After proposing a fork to increase Bitcoin’s block size to 20 MB, Bitcoin Foundation Chief Scientist Gavin Andresen today published a blogpost explaining “why increasing the max block size is urgent”.
In this short article, Andresen argued on the need to limit the maximum block size to 1 MB. The opinion is derived from a data that reveals that, even with the limited 1 MB size, the Bitcoin blocks handle only 30-40% of transactions each day. […]
