What measures are being taken to handle the increasing size of the bitcoin ledger?

1 answers

• Dec 18, 2021 · 3 years ago
  The increasing size of the bitcoin ledger is a challenge that requires careful consideration. To handle this issue, the Bitcoin community is implementing various measures. One of the main solutions is the adoption of Segregated Witness (SegWit), which reduces the size of transactions and increases the overall capacity of the network. Additionally, there are ongoing discussions and research on other scaling solutions such as Schnorr signatures and sharding. These measures aim to improve the scalability and efficiency of the Bitcoin network while maintaining its security and decentralization. It's important to note that addressing the increasing size of the ledger is an ongoing process, and the Bitcoin community is committed to finding innovative solutions to ensure the network can handle the growing demand.
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