In case anyone wants to know about how sizing works in bitcoin, I have written this post [1] 250 bytes is the lowest end of a block size. Most of the blocks ar

In case anyone wants to know about how sizing works in bitcoin, I have written this post [1] 250 bytes is the lowest end of a block size. Most of the blocks are nearly 360 bytes in size. Though Segwit should apparently help with the sizing. The most interesting thing is block sizing and transaction ramping are not same. 1GB blocks were tested[2] But, there are multiple bottlenecks which need to be resolved before it is usable. For one the mempool, Mempool admission is no longer the bottleneck, as we’ve demonstrated mempool admission rates over 10,000 tx/sec already. But the same thing has not been achieved in transaction confirmations: “Our baseline results with BU essentially ‘as is’ — A few days ago we achieved 300 tx/sec sustained thanks to Andrew Stone’s work streamlining mempool admission,” explains Rizun. I think we’ll hit ~1,000 tx/sec sustained on the next ramp we attempt.” [1]: https://medium.com/@smith.garg/fees-calculation-in-bitcoin-and-other-cryptocurrencies-explained-ef2f9ca35320 https://medium.com/@smith.garg/fees-calculation-in-bitcoin-a... [2]: https://news.bitcoin.com/gigablock-testnet-researchers-mine-the-worlds-first-1gb-block/ https://news.bitcoin.com/gigablock-testnet-researchers-mine-...