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- Updated README to accomodate for changes - Updated footer and roadmap for multi-lingual readiness - Updated yml files for an 'untranslated' string - Added an 'untranslated' snippet to all untranslated files - Added a 'template' language for new languages to be made easily - Added link to Monerujo site to Downloads page - CSS updates
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861 B
layout | entry | terms | summary | |
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moneropedia | Scalability |
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Growth potential of Monero, resources required, and methods of increasing efficiency |
The Basics
Monero has no hardcoded maximum block size, which means that unlike Bitcoin it does not have a 1 MB block size limit preventing scaling. However, a block reward penalty mechanism is built into the protocol to avoid a too excessive block size increase: The new block's size (NBS) is compared to the median size M100 of the last 100 blocks. If NBS>M100, the block reward gets reduced in quadratic dependency of how much NBS exceeds M100. E.g. if NBS is [10%, 50%, 80%, 100%] greater than M100, the nominal block reward gets reduced by [1%, 25%, 64%, 100%]. Generally, blocks greater than 2*M100 are not allowed, and blocks <= 60kB are always free of any block reward penalties.