Assuming a transaction size is T
Bytes, while maximum block size is B
Bytes, such that T>B
.
What happens for this transaction?
It will be divided into two smaller parts and will be stored in two separate blocks? Or it will not be confirmed at all? Or A dynamic block size could be used ?
P.S. Although, actually maximum block size is 1 MB and seems to be enough for every transaction; however, we would like to know the strategy of the Bitcoin in such a situation.
Note: Since in addressed answer is mentioned: "What limits transaction size is cost." the question does not seem to be the same, where my question is not what is the maximum size of a transaction, but is what happens if size of a transaction is larger than maximum block size.
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