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The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average […]Powered by WPeMatico
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal inscriptions has risen as […]Powered by WPeMatico
The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down.
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Iskender Syrgabekov – inventor of the SIZE algorithm, has disclosed many considerable details of his patented invention, which is about to disrupt distributed data storage industry. Iskender, let’s start from the essence of your invention. What is the SIZE algorithm developed for? The algorithm helps to store data with maximum reliability and security, both in terms of protection against unauthorised access and prevention against data loss. The data is protected at the one-time pad (OTP) level with an unprecedented reliability: for example, with the expansion of the network, it is possible to lose up to 98% of stored data andPowered by WPeMatico