Crypto

This Bitcoin SV Block Contains 1.1 Million Transactions

There are many different blockchain networks to keep an eye on, each with their own block size and mining situation. For Bitcoin SV, perhaps the biggest block ever to be mined was generated on the network yesterday. 

Bitcoin is often criticized for its small block size.

The Mega Bitcoin SV Block

Many experts feel that  a small block size, combined with few transactions to be processed every 10 minutes, remains a key bottleneck.

Forks of Bitcoin, such as Bitcoin SV, have taken a different approach to this particular matter.

A higher block size, and the capability for thousands of transactions in a block, make for an interesting combination. 

So much even that a block of 309MB was generated on the Bitcoin SV network.

Related Post

It contains 1.1 million transactions, which is also worth noting.

In terms of transactions, BSV remains well ahead of the competition.

Who is using the network exactly, or for what type of purpose, is a different matter altogether.

With 1.1 million transactions in this block, it almost feels if the whole ordeal has been orchestrated purposefully. 

Whatever the reason is for this particular development, it will certainly get people talking about Bitcoin SV for some time to come.

Whether that is for better or worse, remains to be seen.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

The 190M Daily Squeeze: ZKP’s $1.6M Momentum Ranks It as the Best Presale Crypto for 10,000x Gains

The Zero Knowledge Proof (ZKP) presale auction has officially entered Stage 2, and for anyone…

7 hours ago

Stablecoin Supply Begins To Shrink After Months Of Growth

After months of steady expansion through 2025, stablecoin supply across the crypto market is now…

1 day ago

Bitwise Enters Onchain Finance As Morpho Vault Curator

Bitwise Asset Management has officially expanded deeper into decentralized finance by launching non-custodial onchain vault…

1 day ago

ZetaChain Unveils 2.0 Upgrade And Anuma Beta Release

ZetaChain has officially announced the launch of ZetaChain 2.0, alongside the beta release of Anuma,…

1 day ago

Massive Infostealer Database Exposes 149 Million Login Records

A massive unsecured database exposing roughly 149 million usernames and passwords surfaces online, triggering fresh…

3 days ago

HIP-3 Open Interest Surges To $790 Million As Hyperliquid Hits New Liquidity Milestone

Hyperliquid continues to reshape decentralized trading as HIP-3 open interest (OI) climbs to a fresh…

3 days ago