Look, if we’re going to declare something an emergency, we cannot on the one
hand say things like: "I strongly believe bitcoin has no place in the world if
the fee raise much higher than a few cents per typically-sized transaction”,
and on the other declare that there is an emergency worth
On Mon, Feb 08, 2016 at 02:36:47PM -0800, Simon Liu via bitcoin-dev wrote:
> > 1) The segregated witness discount is changed from 75% to 50%. The block
> > size limit (ie transactions + witness/2) is set to 1.5MB. This gives a
> > maximum block size of 3MB and a "network-upgraded" block size of
Thanks for this proposal. Just some quick response:
1. The segwit hardfork (BIP HF) could be deployed with BIP141 (segwit
softfork). BIP141 doesn't need grace period. BIP HF will have around 1 year
of grace period.
2. Threshold is 95%. Using 4 versoin bits: a) BIP 141; b) BIP HF; c) BIP 141
if
Hi all,
I believe we, today, have a unique opportunity to begin to close the
book on the short-term scaling debate.
First a little background. The scaling debate that has been gripping the
Bitcoin community for the past half year has taken an interesting turn
in 2016. Until recently, there have
https://github.com/bitcoin/bips/pull/314 proposes updating the status of many
Accepted BIPs to Final:
BIP 11: M-of-N Standard Transactions
BIP 14: Protocol Version and User Agent
BIP 21: URI Scheme
BIP 22: getblocktemplate - Fundamentals
BIP 23: getblocktemplate - Pooled Mining
BIP 31: Pong
> 1) The segregated witness discount is changed from 75% to 50%. The block
> size limit (ie transactions + witness/2) is set to 1.5MB. This gives a
> maximum block size of 3MB and a "network-upgraded" block size of roughly
> 2.1MB. This still significantly discounts script data which is kept out
>