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| author | Luke Dashjr <luke-jr+git@utopios.org> | 2015-10-23 01:29:19 +0000 |
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| committer | Luke Dashjr <luke-jr+git@utopios.org> | 2015-10-23 01:30:00 +0000 |
| commit | 904248ac3954e8db9f5aafec1b7322e57f191302 (patch) | |
| tree | a98efebedc57b7d0eda2f03c989a2aae41e19267 | |
| parent | b20cfdb9d8030d7fd74e954f5ff273b6bee7b1ea (diff) | |
| parent | 188ee9e718dc12c34d86c2f4886c79c476437f0a (diff) | |
| download | bips-904248ac3954e8db9f5aafec1b7322e57f191302.tar.xz | |
Merge remote-tracking branch 'origin-pull/173/head'
| -rw-r--r-- | README.mediawiki | 6 | ||||
| -rw-r--r-- | bip-0102.mediawiki | 42 |
2 files changed, 48 insertions, 0 deletions
diff --git a/README.mediawiki b/README.mediawiki index 1243d20..7726db8 100644 --- a/README.mediawiki +++ b/README.mediawiki @@ -308,6 +308,12 @@ Those proposing changes should consider that ultimately consent may rest with th | Standard | Draft |- +| [[bip-0102.mediawiki|101]] +| Block size increase to 2MB +| Jeff Garzik +| Standard +| Draft +|- | [[bip-0105.mediawiki|105]] | Consensus based block size retargeting algorithm | BtcDrak diff --git a/bip-0102.mediawiki b/bip-0102.mediawiki new file mode 100644 index 0000000..6694cb8 --- /dev/null +++ b/bip-0102.mediawiki @@ -0,0 +1,42 @@ +<pre> + BIP: 102 + Title: Block size increase to 2MB + Author: Jeff Garzik <jgarzik@gmail.com> + Status: Draft + Type: Standards Track + Created: 2015-06-23 +</pre> + +==Abstract== + +Increase total amount of transaction data permitted in a block from 1MB to 2MB on November 11, 2015. + +==Motivation== + +# Enable network growth. +# Continue current economic policy of low fee pressure on average. +# Exercise network upgrade procedure. + +==Specification== + +# Maximum block size permitted to be valid is 1MB. +# Increase this maximum to 2MB on November 11, 2015 at 00:00:00 UTC. +# Increase maximum block sigops by similar factor, preserving SIZE/50 formula. + +==Backward compatibility== + +Older clients are not compatible with this change. The first block exceeding 1,000,000 bytes will partition older clients off the new network. + +==Discussion== + +In the short term, an increase is needed to continue to facilitate +network growth, and buy time for more comprehensive solutions to be +developed. This continues the current economic policies with regards to +fees, matching market expectations and preventing market disruption. + +In the long term, continued direct management of this limit is a moral hazard that clouds free market input and prevents a healthy fee market from developing. This area of code should be transitioned away from direct management. + +==Implementation== + +https://github.com/jgarzik/bitcoin/tree/2015_2mb_blocksize + |