BitcoinAdvanced

Block weight

Bitcoin’s consensus measure of block capacity, introduced by SegWit.

PLAIN-ENGLISH DEFINITION

In more detail

Weight counts different parts of a transaction differently, which is why a byte count alone doesn't tell you its fee-relevant size. Wallets commonly express size in virtual bytes derived from weight and quote fees in sats per virtual byte. That helps compare transactions with different input and witness structures.

IN THE WILD

How you might use it

Your wallet quotes 8 sats per virtual byte. Its estimate uses the transaction's weight-based size, not simply the raw file's byte count.

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By Crypto Dictionary · Published · Updated

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