[2015-12-22] 31 Bitcoin Contributors Sign Block Size Proposal By Gregory Maxwell

[jdebunt]

The Bitcoin block size debate is still far from over, as a new capacity increases page with initial signatures has been posted on GitHub very recently. Quite a few prominent names in the Bitcoin industry have all signed the roadmap, including Charlie Lee, Cory Fields, Gregory Maxwell, and, surprisingly enough, Theymos. Whether or not a consensus can be reached regarding this proposal, remains to be seen, though.


http://bitcoinist.net/31-bitcoin-contributors-sign-block-size-proposal-by-gregory-maxwell/

[Ejanend]

"Without going into too many technical details, the proposal in question would be a soft-fork, rather than the previously proposed hard-fork. Bitcoin’s scalability and capacity would be increased, as the data in network blocks would be reorganized to handle all signatures separately. In the end, the block size would be increased to a maximum of 4 MB."

4MB is good for the next two years.