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Everything about Bitcoin scalability

Bitcoin's ability to handle transaction volume

Bitcoin scalability refers to the capability of the Bitcoin network to handle large amounts of transaction data on its platform. Records in the Bitcoin blockchain are limited in size and frequency to prioritize security and decentralization by keeping the cost of running a Bitcoin node affordable. With an average block creation time of 10 minutes and a block size limit of around 1 megabyte, the base layer processes an estimated 3.3 to 7 transactions per second. Wikipedia →

🧭 Start here: a 6-step reading path

  1. Read the overview: Bitcoin scalabilityA 5-minute orientation
  2. Pick up a classic book: On the Scalability and Security of BitcoinThe most-reprinted book on the subject
  3. Read the landmark paper: ESS: An Efficient Storage Scheme for Improving the Scalability of Bitcoin NetworkCited 16 times
  4. Go sideways: List of bitcoin forksA closely related topic
  5. Go sideways: SegWitA closely related topic

📖 Definitions

No dictionary entry for this exact phrase.

🗂️ The subject at a glance

  1. Background
  2. Efficiency improvements
  3. Additional systems
  4. Block size increases

🏆 Landmark papers (most cited)

📚 Books worth reading

Ranked by number of editions on Open Library, a rough measure of how lasting a book is.

🔗 Related topics