Average BTC Block Size Hit 2 Year Minimum

Now average Bitcoin block is just 515 kilobytes big
20 March 2018   1466

515 KB  is the average block size in the network of bitcoin in recent days. As Armin van Bitcoin at Twitter noteed, this is due to general technical improvements in the protocol.

For example, Armin van Bitcoin is convinced that such numbers became possible due to batching of transactions in the work of a number of large bitcoins, growing acceptance of the SegWit protocol, as well as increasingly frequent off-line transactions (for example, in the Lightning Network) .

Armin van Bitcoin at Twitter
Armin van Bitcoin at Twitter

Activated in the network bitcoin in August 2017 protocol SegWit makes it possible to increase the block to 4 MB, thus refuting the allegations of the apologists for various forks of the first crypto currency that only their implementation can solve the problem of scaling.

Bakkt to Unveil Bitcoin Futures Test Date

Along with date announcement, COO Bakkt believes the platform will attract institutional investors and set new standards for the cryptocurrency market
14 June 2019   249

The Bakkt cryptocurrency platform has named the exact start date for testing Bitcoin futures. The first users will be allowed to test the tool on July 22.

According to Bakkt's Operations Director, Adam White, the platform will attract institutional investors and set new standards for the cryptocurrency market.

White pointed out that the wider distribution of cryptocurrencies, in particular, is hampered by unreliable pricing mechanisms and the likelihood of instantly falling rates.

Along with these problem-solving solutions that are new to digital asset markets, Bakkt also brings all the other features that institutions would expect in a versatile and broadly accessible market, including: block trades; a fee holiday through the end of the year to encourage trading; market maker incentive programs to encourage liquid markets; and integrations with ISVs and regulated brokerage platforms.
 

Adam White

COO, Bakkt

At Bakkt, two futures contracts will be presented - with daily and monthly settlements. Risk management and the securing mechanism for these contracts will meet the standards of the traditional derivatives market.