How Does the ‘SegWit’ Upgrade Affect the Calculation of Block Space?

SegWit (Segregated Witness) changed the block size limit to a 'block weight' limit of 4 million units. It segregated the witness data (digital signatures) from the transaction data.

By counting witness data as 1/4 the weight of regular data, SegWit effectively increased the number of transactions that can fit in a block, thus increasing the effective block space.

How Do Segregated Witness (SegWit) Upgrades Aim to Address Block Space Constraints?
How Do Segregated Witness (SegWit) and Block Weight Optimize Block Space?
What Is the Difference between a SegWit and a non-SegWit Transaction in Terms of Block Space?
How Does the Witness Discount Affect the Calculation of Transaction Fees?
What Is a “Witness” in the Context of SegWit Transactions?
What Is SegWit and How Did It Fundamentally Change the Transaction Structure?
What Is the Role of UTXOs (Unspent Transaction Outputs) in the SegWit Transaction Model?
How Did the SegWit Upgrade Address the Transaction Malleability Issue?

Glossar