BREAKING
500d 14h ago

Fractal Bitcoin Addresses Incomplete Block Filling Due to High-Fee MULTISIG Transactions

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On September 27, Fractal Bitcoin addressed user feedback concerning incomplete block filling on their mainnet via a social platform announcement. An immediate investigation revealed that this issue primarily arises due to miners prioritizing high-fee transactions, constrained by two main block size limits: the maximum block size in bytes and the maximum number of SIG operations.

When numerous high-fee MULTISIG transactions occur, the block can hit the SIG limit of 80,000, preventing further transactions from being included. While Segregated Witness (SegWit) transactions typically use 1 SIG, allowing a block to theoretically hold up to 80,000 transactions, this limit is seldom reached in practice. In contrast, MULTISIG transactions consume 84 SIG, reducing the maximum transactions in a block to about 952, leaving block bytes partially unfilled.

Moreover, blocks containing non-MULTISIG low-fee transactions fill the remaining 75% of block space, leading to an approximate 20% increase in total block fees. This scenario is inherent to the BTC mainnet’s existing structure rather than a flaw in the Fractal browser. Fractal Bitcoin assured continuous monitoring and efforts to enhance network connectivity and performance.

Share News:
Don't Miss Breaking News