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Miners' Autonomy in Blocksize Decisions and Implications for SegWit | Flash News Detail | Blockchain.News
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10/22/2024 2:54:49 PM

Miners' Autonomy in Blocksize Decisions and Implications for SegWit

Miners' Autonomy in Blocksize Decisions and Implications for SegWit

According to BitMEX Research, SegWit represents an increase in blocksize, but miners have the autonomy to choose whether or not to produce larger blocks. This autonomy presents a challenge for all blocksize limit increases, including those executed via a hardfork. This insight is crucial for traders as it affects the scalability and potential transaction throughput of the blockchain, impacting transaction fees and miner incentives.

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BitMEX Research

@BitMEXResearch

Filtering out the hype with evidence-based reports on the cryptocurrency space, with a focus on Bitcoin.