Bitcoin Forum
November 21, 2018, 11:08:08 AM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
Author Topic: Block size increase proposal: Consensus based on mempool  (Read 3383 times)
Offline Offline

Activity: 28
Merit: 0

View Profile
April 07, 2017, 09:44:10 PM

This thing has gotten so political that something as simple as EC for blocksize is made out to be way more radical than it really is, imo.
Please note the proposal is not so much to increase block size as to counter spam.

This spam filter can be used even without a soft fork. Users may run full nodes in order to reject blocks which contain transactions with a very low fee. The more nodes, the better it works.

With support >75% of miners, we can activate soft fork and spam filter will effectively reject the majority of undesirable blocks.

The spam problem will be completely solved when remaining miners update their soft. Then only if 95% of the miners signal readiness we can remove the hard limit on the block size. So Bitcoin cannot split in two.
Pages: « 1 [2]  All
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!