4 ms·
Block size is limited by bytes allowed in the block, usually about 7 transactions a second (on average) for Bitcoin. Increased demand for transactions increase
by bduerst 9y ago
Block size is limited by bytes allowed in the block, usually about 7 transactions a second (on average) for Bitcoin. Increased demand for transactions increased tx fees.
The length of the chain can affect processing power and bandwidth, as each block contains all previous blocks.