Bitcoin-Core devs announce they will be increasing the block size.

Bitcoin-Core devs have announced that they will slowly be phasing in a new block size increases. The first new code will be committed today for new releases of Bitcoin Core.

As we know, almost every BTC block is full, and the transaction fees have been huge.

About 1 year from today, on 2023-04-01 the block size will increase 1MB. Then again on 2024-04-1, and again on 2025-04-01, and will continue as long as they have support from the miners.

So if you follow the pattern, the block size will increase 1MB every April 1st. Why April 1st? Because Happy April Fools Day!

submitted by /u/zrad603
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source https://www.reddit.com/r/btc/comments/ttxytw/bitcoincore_devs_announce_they_will_be_increasing/

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