Study: Widespread adoption of inscriptions could increase Bitcoin block size to 4 MB

CoinRank News: According to a report published by Mempool Research on February 4, widespread adoption of inscriptions could push the average block size of the Bitcoin network up to 4 MB per block, well above the current average. Bitcoin’s average block size, or the amount of data contained in each block published to the network’s public ledger, is currently just over 1.5 MB, the report said. And if inscriptions become more widely adopted, Bitcoin’s block size could increase significantly. Block size is one of the biggest constraints on the scalability of the Bitcoin network. In contrast, Solana can theoretically store up to 128 MB per block, according to the Solana Foundation. After the network’s 2021 Taproot upgrade, some Bitcoin blocks stored as much as 2.4 MB of data, the report said, adding: “We predict a range of potential growth scenarios for the Bitcoin blockchain, from a return to pre-inscription dynamics (resulting in slower growth) to widespread adoption of inscriptions (which could drive growth of up to 4MB per block).”