Posts Tagged ‘Bitcoin block size


At the moment it seems as if somebody is deliberately stress testing the Bitoin network by sending more and more transactions, so the queue of unconfirmed transactions is currently at over 6000 and continue to increase. With so many unconfirmed transactions waiting to be included in a block this brings the debate around the current limit of 1 MB block size and if this limit should be increased. It could be like somebody is intentionally testing how will the network handle the extra load in its current state causing the presence of so many unconfirmed transactions waiting in the queue. Or maybe, though not very likely, the Bitcoin network is currently overwhelmed with too many real users moving Bitcoins around causing a big queue and having people wait more for their transactions to be confirmed.

To check the number of currently waiting unconfirmed transactions on the BlockChain…