2GB blocks will enable thousands of transactions per second and rival legacy payment systems.
nChain's Director of Engineering Steve Shadders, who also serves as Technical Director for the Bitcoin SV Node team, announced that the BSV client software will raise its default block cap from its current 128MB to a commanding 2GB in July.
This ambitious plan comes after the BSV chain recently mined (in late March) two 128MB blocks, hitting the current block cap. 2GB blocks will enable thousands of transactions per second and rival legacy payment systems; it would also support advanced enterprise applications on BSV. Scaling matters for a blockchain to serve global business, and BSV is the only blockchain project that massively scales, right now.
In addition to raising the block cap to 2GB, the roadmap plans for an almost complete return in February 2020 to the original Bitcoin protocol so the "Satoshi Vision" of Bitcoin's creator can be fully realized without artificial limits.
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