In this week's Glassnode Clips, we focus on Transaction Counts and Block Capacity:
- SegWit utilizes a dual structure that separates transaction data from witness data, allowing inscriptions to be placed in the signature side and benefiting from data discounting.
- In previous bull markets, the transaction count peaked at 400,000 daily, but with modern optimizations, we're seeing numbers rise to 550,000 due to efficient packing of inscriptions.
- The average block now contains between 2.8k - 3.5k transactions, with daily spikes occasionally reaching over 4k per block.
Discover more in the latest Glassnode Clips below 👇
https://www.youtube.com/watch?v=Qz0T9Ln-eYQ
Post #738
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