[2016-01-28]Gavin Andresen Is Ready to Bump to 2MB

[bizerinm]

Gavin Andresen has initiated a newly written BIP proposal on Github concerning the block size increase. The change called “bip-bump2mb.mediawiki” is a BIP102 variation for a 2mb block size bump. One particularly notable aspect written was the consensus section was chosen to be 75% over 95% which Andresen explains was guided by prior events:

https://news.bitcoin.com/gavin-andresen-is-ready-to-bump-to-2mb/

[Minecache]

Ok let's do this.

[Estimated]

t seems most people were confident about the BIP announcement which is a “one-time increase in total amount of transaction data permitted in a block from 1MB to 2MB, with limits on signature operations and hashing.” Bitcoin.com has reported in the past that a 2MB increase has been the most popular choice so far but to some it is not much of a step up.

If the Core team does not implement the 2MB before Classic or there is no consensus, there will be two chains.