SIZE – DIGIT INFO

Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

DIGIT — Tue, 28 Feb 2023 21:30:36 +0000

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 […]

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Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises

DIGIT — Sun, 12 Feb 2023 21:00:51 +0000

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 […]

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Bitcoin transaction fees hit decade lows, here’s why

DIGIT — Wed, 06 Apr 2022 10:49:39 +0000

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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The SIZE algorithm — a revolution in the data storage security

DIGIT — Thu, 10 May 2018 22:02:15 +0000

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 and

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