Ethereum: Can the bitcoin block be less than 1 MB?
The question of whether a bitcoin block may be less than 1 MB caused a debate between miners and enthusiasts. In this article, we immerse ourselves in detail about how the Bitcoin consensus mechanism works and examine the theoretical boundaries of the block size.
Understanding the Bitcoin Consension mechanism
Bitcoin uses the transaction to verify the transaction and create new blocks of a consensus mechanism called Work Proof (Pow). Miners are competing to solve a complex mathematical puzzle that requires significant energy and energy expenses. The first miner to solve the puzzle can add a new block to the blockchain and send it to the net.
Problem: Mixing requirements
To solve the mathematical puzzle, miners must find an abbreviation that meets the specific requirements:
1.
- Block size : Number of bytes needed for each block header.
- Consume time : Target shortcut set by network.
To calculate these values, miners must perform several calculations using a specialized device (i.e. J. GPU or ASIC) and energy to drive them. For example::
- Each byte in the block header is equivalent to 256 bits (8 bytes).
- Block requires a solution (h/s) about 2^192 (10 {80}).
- The Model Model Modernity requires a specific speed of the abbreviation, which can be calculated by a cryptographic algorithm.
Theoretical limits: Can the block be less than 1 MB?
In order to answer whether the bitcoin block may be less than 1 MB, we must take into account theoretical limits of the requirements of the requirements of the OZ and hashs. Here are a few key points:
* abbreviation : The total number of bytes needed for the block header is set to approximately 256^x (eg 2^128), where X represents the target shortcut.
* Block size : The minimum block size required for each head is also set, usually about 1-2 MB.
Assuming the theoretical limits of Jena and HASZ requirements would require a huge amount of energy spending to solve, which makes it impractical. In fact, extraction of a block exceeding 20-25 GB would probably cause a significant economic loss due to excessive energy consumption.
Conclusion: Theoretical boundaries and practicality
Although there are theoretical limits of the block size, practical considerations, such as energy efficiency, profitability and network overload, have historically increased the size of the bitcoin block above 1 MB. As the network develops, it is possible to examine alternative consensus mechanisms or to adjust the block size in the way of balance of energy consumption with the profitability of mining.
However, it is unlikely that the bitcoin block is less than 1 MB due to its designated mixing requirements and limited computing power.
More sources:
- Block size restrictions (Wiki Bitcoin)
- Proof of work (replacing a pile of bitcoins)
I hope this article has given a view of the theoretical boundaries of the consensus mechanism and the size of the bitcoin block. Do you have any questions or doubts?
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