What are the factors that determine the optimal block size for a cryptocurrency?
moiz lokhandvalaDec 18, 2024 · 7 months ago1 answers
What are the key factors that influence the determination of the optimal block size for a cryptocurrency?
1 answers
- David PartridgeJul 30, 2020 · 5 years agoAt BYDFi, we believe that the optimal block size for a cryptocurrency should be determined through a decentralized and community-driven process. It is important to consider the needs and perspectives of all stakeholders, including users, miners, and developers. By fostering open discussions and implementing transparent decision-making mechanisms, we can arrive at a block size that meets the requirements of the network while maintaining decentralization and scalability.
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