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Back to the future with block sizes
The American National Institute for Standards and Technology (NIST) is rather busy on the cryptographic front these days. Not only has it been busy in the area of Post-Quantum Cryptography (PQC), it ...
What is block size, and why is it important? Block size is important for maximizing storage efficiency and transaction throughput in file systems and blockchain contexts. The amount of data processed ...
A block comprises a file in which data pertaining to the most recent transactions on the Bitcoin (BTC) network is permanently recorded. Each block can be likened to a page of a ledger, with the blocks ...
The Bitcoin network is a behemoth, and much of its strength is defined by the number of machines validating transactions on the network. Its code is also highly calibrated. Very specific variables ...
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