Author: Jeff Garzik 2015-09-03 14:35:56
Published on: 2015-09-03T14:35:56+00:00
The email thread discusses the BIP 100 initial public draft by Jeff Garzik. Several suggestions and comments are made, including the use of a hardfork bit to signify the hardfork, the symmetrical thresholds for increase and decrease in block size, and the danger of using the 20-percentile threshold to decrease block size. The proposed changes include replacing the static 1M block size hard limit with a floating limit, encoding a proposed value within a block's coinbase scriptSig to change the hardLimit, and calculating the new hardLimit at each difficult adjustment period based on the previous 12,000 blocks' coinbase scriptSig votes. The 70% rule and 80% rule are also discussed, along with the calculation of the block version number. The email emphasizes that the BIP 100 draft is only a starting point for open source feedback and iteration.
Updated on: 2023-06-10T21:54:45.851635+00:00