Block Size

The maximum capacity of data that can be accommodated within a single block of a specific blockchain. For instance, Bitcoin has a block size limit of 1MB. A larger block size enables a blockchain to process a higher number of transactions within each block, which can give the impression of faster transaction processing due to the network handling more transactions simultaneously.

The maximum capacity of data that can be accommodated within a single block of a specific blockchain. For instance, Bitcoin has a block size limit of 1MB. A larger block size enables a blockchain to process a higher number of transactions within each block, which can give the impression of faster transaction processing due to the network handling more transactions simultaneously.