bedair81 @bedair81 - 30d
Because it changed the actual limit from 1,000,000 bytes to 4,000,000 weight units, where witness data is now counted as 1 weight unit per byte instead of the previous 4. It's not exactly a 4x increase because you can still have non witness data in the block, which still counts as 4 weight units per byte, but you can fit wayyy more witness data in there
No the space taken on the block increased, it is basically a block size increase it's just an indirect one. Blocks are between 1-4MB now when full as opposed to just 1MB
I wouldn't say "magically created space", we increased the theoretical max blocksize limit 4x due to calculating tx sizes differently. The blocks can be and are bigger than before but you pay for that with disk space on your bitcoin nodes, nothing magical about it hahaa
