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    <id>https://nostr.ae/nevent1qqspppvxy7w29aqcdg8u769g2vm9x97y4klegd76uq0spec25js2ugczyp3vhdqz6f6nmrqqqykm4rj9fdzav3vkhswvwy7r4r0kzay3mcc8zsdsgpc</id>
    
      <title type="html">📅 Original date posted:2015-11-13 📝 Original ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqspppvxy7w29aqcdg8u769g2vm9x97y4klegd76uq0spec25js2ugczyp3vhdqz6f6nmrqqqykm4rj9fdzav3vkhswvwy7r4r0kzay3mcc8zsdsgpc" />
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      In reply to &lt;a href=&#39;/nevent1qqs973t60d7kedjk4l2jy0r9cwejr28nmkp9e3mcw58z9wdeusrcqmgylreh5&#39;&gt;nevent1q…reh5&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2015-11-13&lt;br/&gt;📝 Original message:Revised spec below to put us back at 2 MB at next halving in 2016&lt;br/&gt;(addressing Luke &amp;amp; Drak&amp;#39;s points). This is more in line with intent of the&lt;br/&gt;original proposal and provides sufficient time to gain consensus.&lt;br/&gt;&lt;br/&gt;Specification&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; * 2 MB, height 420,000 &amp;lt; 630,000; (fork active when 75% of last 1,000&lt;br/&gt;blocks signal support and block 420,000 reached, ~July 2016)&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;* 4 MB, height 630,000 &amp;lt; 840,000; (year ~2020)&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;* 8 MB, height 840,000 &amp;lt; 1,050,000; (year ~2024)&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;* 16 MB, height 1,050,000 &amp;lt; 1,260,000; (year ~2028)&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;* 32 MB, height &amp;gt;= 1,260,000. (year ~2032)&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;On Fri, Nov 13, 2015 at 2:49 AM, Btc Drak &amp;lt;btcdrak at gmail.com&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; &amp;gt; * 2 MB, height 210,000 &amp;lt; 420,000; (when 75% of last 1,000 blocks signal&lt;br/&gt;&amp;gt; support)&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; This doesnt give anyone a chance to upgrade and would cause a hard fork&lt;br/&gt;&amp;gt; the moment a miner created a &amp;gt;1MB block. Flag day (hard fork) upgrades must&lt;br/&gt;&amp;gt; start the change at a sufficient time in the future (greater than the&lt;br/&gt;&amp;gt; current block height) to give all nodes the chance to upgrade.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Nov 13, 2015 at 3:37 AM, John Sacco via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; I like your suggestion for the continuity and it gets us up to 2 MB in&lt;br/&gt;&amp;gt;&amp;gt; the shorter term. Also I just noticed the math error.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Here is a revised spec (incorporating suggestions from Chun Wang):&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Specification&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; * 1 MB, height &amp;lt; 210,000;&lt;br/&gt;&amp;gt;&amp;gt; * 2 MB, height 210,000 &amp;lt; 420,000; (when 75% of last 1,000 blocks signal&lt;br/&gt;&amp;gt;&amp;gt; support)&lt;br/&gt;&amp;gt;&amp;gt; * 4 MB, height 420,000 &amp;lt; 630,000; (year 2016)&lt;br/&gt;&amp;gt;&amp;gt; * 8 MB, height 630,000 &amp;lt; 840,000; (year ~2020)&lt;br/&gt;&amp;gt;&amp;gt; * 16 MB, height 840,000 &amp;lt; 1,050,000; (year ~2024)&lt;br/&gt;&amp;gt;&amp;gt; * 32 MB, height &amp;gt;= 1,050,000. (year ~2028)&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Thu, Nov 12, 2015 at 9:56 PM, Chun Wang &amp;lt;1240902 at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; How about these specs:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; * 1 MB, height &amp;lt; 210000;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; * 2 MB, 210000 &amp;lt;= height &amp;lt; 420000;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; * 4 MB, 420000 &amp;lt;= height &amp;lt; 630000;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; * 8 MB, 630000 &amp;lt;= height &amp;lt; 840000;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; * 16 MB, 840000 &amp;lt;= height &amp;lt; 1050000;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; * 32 MB, height &amp;gt;= 1050000.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Nov 13, 2015 at 7:47 AM, John Sacco via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Hi Devs,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Please consider the draft proposal below for peer review.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Thanks,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; John&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; BIP&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;   BIP: ?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;   Title: Block size doubles at each reward halving with max block size&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; of&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 32M&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;   Author: John Sacco &amp;lt;johnsock at gmail.com&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;   Status: Draft&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;   Type: Standards Track&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;   Created: 2015-11-11&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Abstract&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Change max block size to 2MB at next block subsidy halving, and double&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; block size at each subsidy halving until reaching 32MB.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Copyright&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; This proposal belongs in the public domain. Anyone can use this text&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; for any&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; purpose with proper attribution to the author.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Motivation&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 1.    Gradually restores block size to the default 32 MB setting&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; originally&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; implemented by Satoshi.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 2.    Initial increase to 2MB at block halving in July 2016 would have&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; minimal impact to existing nodes running on most hardware and networks.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 3.    Long term solution that does not make enthusiastic assumptions&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; regarding future bandwidth and storage availability estimates.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 4.    Maximum block size of 32MB allows peak usage of ~100 tx/sec by&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; year&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 2031.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 5.    Exercise network upgrade procedure during subsidy reward&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; halving, a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; milestone event with the goal of increasing awareness among miners and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; node&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; operators.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Specification&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 1.    Increase the maximum block size to 2MB when block 630,000 is&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; reached&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; and 75% of the last 1,000 blocks have signaled support.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 2.    Increase maximum block size to 4MB at block 840,000.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 3.    Increase maximum block size to 8MB at block 1,050,000.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 4.    Increase maximum block size to 16MB at block 1,260,000.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; 5.    Increase maximum block size to 32MB at block 1,470,000.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Backward compatibility&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; All older clients are not compatible with this change. The first block&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; larger than 1M will create a network partition excluding not-upgraded&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; network nodes and miners.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Rationale&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; While more comprehensive solutions are developed, an increase to the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; block&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; size is needed to continue network growth. A longer term solution is&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; needed&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; to prevent complications associated with additional hard forks. It&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; should&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; also increase at a gradual rate that retains and allows a large&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; distribution&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; of full nodes.  Scheduling this hard fork to occur no earlier than the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; subsidy halving in 2016 has the goal of simplifying the communication&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; outreach needed to achieve consensus, while also providing a buffer of&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; time&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; to make necessary preparations.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151113/f0652a2e/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151113/f0652a2e/attachment-0001.html&amp;gt&lt;/a&gt;;
    </content>
    <updated>2023-06-07T17:44:36Z</updated>
  </entry>

  <entry>
    <id>https://nostr.ae/nevent1qqs8puqs4tz5swk7lfjzzu00264fhl5etqvy3mscut0a7jzgl62kc8szyp3vhdqz6f6nmrqqqykm4rj9fdzav3vkhswvwy7r4r0kzay3mcc8zw6769c</id>
    
      <title type="html">📅 Original date posted:2015-11-13 📝 Original message:I like ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqs8puqs4tz5swk7lfjzzu00264fhl5etqvy3mscut0a7jzgl62kc8szyp3vhdqz6f6nmrqqqykm4rj9fdzav3vkhswvwy7r4r0kzay3mcc8zw6769c" />
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      In reply to &lt;a href=&#39;/nevent1qqsy83xw0ttyc0c7hmtv0z87k8thd8z934p4q0jggwjcp69tj3fa4kg2gdvk6&#39;&gt;nevent1q…dvk6&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2015-11-13&lt;br/&gt;📝 Original message:I like your suggestion for the continuity and it gets us up to 2 MB in the&lt;br/&gt;shorter term. Also I just noticed the math error.&lt;br/&gt;&lt;br/&gt;Here is a revised spec (incorporating suggestions from Chun Wang):&lt;br/&gt;&lt;br/&gt;Specification&lt;br/&gt;&lt;br/&gt;* 1 MB, height &amp;lt; 210,000;&lt;br/&gt;* 2 MB, height 210,000 &amp;lt; 420,000; (when 75% of last 1,000 blocks signal&lt;br/&gt;support)&lt;br/&gt;* 4 MB, height 420,000 &amp;lt; 630,000; (year 2016)&lt;br/&gt;* 8 MB, height 630,000 &amp;lt; 840,000; (year ~2020)&lt;br/&gt;* 16 MB, height 840,000 &amp;lt; 1,050,000; (year ~2024)&lt;br/&gt;* 32 MB, height &amp;gt;= 1,050,000. (year ~2028)&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;On Thu, Nov 12, 2015 at 9:56 PM, Chun Wang &amp;lt;1240902 at gmail.com&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; How about these specs:&lt;br/&gt;&amp;gt; * 1 MB, height &amp;lt; 210000;&lt;br/&gt;&amp;gt; * 2 MB, 210000 &amp;lt;= height &amp;lt; 420000;&lt;br/&gt;&amp;gt; * 4 MB, 420000 &amp;lt;= height &amp;lt; 630000;&lt;br/&gt;&amp;gt; * 8 MB, 630000 &amp;lt;= height &amp;lt; 840000;&lt;br/&gt;&amp;gt; * 16 MB, 840000 &amp;lt;= height &amp;lt; 1050000;&lt;br/&gt;&amp;gt; * 32 MB, height &amp;gt;= 1050000.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Nov 13, 2015 at 7:47 AM, John Sacco via bitcoin-dev&lt;br/&gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt; Hi Devs,&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Please consider the draft proposal below for peer review.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Thanks,&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; John&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; BIP&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;   BIP: ?&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;   Title: Block size doubles at each reward halving with max block size of&lt;br/&gt;&amp;gt; &amp;gt; 32M&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;   Author: John Sacco &amp;lt;johnsock at gmail.com&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;   Status: Draft&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;   Type: Standards Track&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;   Created: 2015-11-11&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Abstract&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Change max block size to 2MB at next block subsidy halving, and double&lt;br/&gt;&amp;gt; the&lt;br/&gt;&amp;gt; &amp;gt; block size at each subsidy halving until reaching 32MB.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Copyright&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; This proposal belongs in the public domain. Anyone can use this text for&lt;br/&gt;&amp;gt; any&lt;br/&gt;&amp;gt; &amp;gt; purpose with proper attribution to the author.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Motivation&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 1.    Gradually restores block size to the default 32 MB setting&lt;br/&gt;&amp;gt; originally&lt;br/&gt;&amp;gt; &amp;gt; implemented by Satoshi.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 2.    Initial increase to 2MB at block halving in July 2016 would have&lt;br/&gt;&amp;gt; &amp;gt; minimal impact to existing nodes running on most hardware and networks.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 3.    Long term solution that does not make enthusiastic assumptions&lt;br/&gt;&amp;gt; &amp;gt; regarding future bandwidth and storage availability estimates.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 4.    Maximum block size of 32MB allows peak usage of ~100 tx/sec by year&lt;br/&gt;&amp;gt; &amp;gt; 2031.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 5.    Exercise network upgrade procedure during subsidy reward halving, a&lt;br/&gt;&amp;gt; &amp;gt; milestone event with the goal of increasing awareness among miners and&lt;br/&gt;&amp;gt; node&lt;br/&gt;&amp;gt; &amp;gt; operators.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Specification&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 1.    Increase the maximum block size to 2MB when block 630,000 is&lt;br/&gt;&amp;gt; reached&lt;br/&gt;&amp;gt; &amp;gt; and 75% of the last 1,000 blocks have signaled support.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 2.    Increase maximum block size to 4MB at block 840,000.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 3.    Increase maximum block size to 8MB at block 1,050,000.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 4.    Increase maximum block size to 16MB at block 1,260,000.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; 5.    Increase maximum block size to 32MB at block 1,470,000.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Backward compatibility&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; All older clients are not compatible with this change. The first block&lt;br/&gt;&amp;gt; &amp;gt; larger than 1M will create a network partition excluding not-upgraded&lt;br/&gt;&amp;gt; &amp;gt; network nodes and miners.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Rationale&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; While more comprehensive solutions are developed, an increase to the&lt;br/&gt;&amp;gt; block&lt;br/&gt;&amp;gt; &amp;gt; size is needed to continue network growth. A longer term solution is&lt;br/&gt;&amp;gt; needed&lt;br/&gt;&amp;gt; &amp;gt; to prevent complications associated with additional hard forks. It should&lt;br/&gt;&amp;gt; &amp;gt; also increase at a gradual rate that retains and allows a large&lt;br/&gt;&amp;gt; distribution&lt;br/&gt;&amp;gt; &amp;gt; of full nodes.  Scheduling this hard fork to occur no earlier than the&lt;br/&gt;&amp;gt; &amp;gt; subsidy halving in 2016 has the goal of simplifying the communication&lt;br/&gt;&amp;gt; &amp;gt; outreach needed to achieve consensus, while also providing a buffer of&lt;br/&gt;&amp;gt; time&lt;br/&gt;&amp;gt; &amp;gt; to make necessary preparations.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151112/4aa7457b/attachment.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151112/4aa7457b/attachment.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T17:44:35Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqsw7wwh4reyqtrsg4axplh4c3r8jsvt55gkrgmju97gvya5yapc5fqzyp3vhdqz6f6nmrqqqykm4rj9fdzav3vkhswvwy7r4r0kzay3mcc8zxlrhxp</id>
    
      <title type="html">📅 Original date posted:2015-11-12 📝 Original message:Hi ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsw7wwh4reyqtrsg4axplh4c3r8jsvt55gkrgmju97gvya5yapc5fqzyp3vhdqz6f6nmrqqqykm4rj9fdzav3vkhswvwy7r4r0kzay3mcc8zxlrhxp" />
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      In reply to &lt;a href=&#39;/nevent1qqsv2lgllcz64upwpsx5f9xwlakg5lxzq4pqsa9gn743drvq5cl962cjar2a4&#39;&gt;nevent1q…r2a4&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2015-11-12&lt;br/&gt;📝 Original message:Hi Devs,&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;Please consider the draft proposal below for peer review.&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;Thanks,&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;John&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;BIP&lt;br/&gt;&lt;br/&gt;  BIP: ?&lt;br/&gt;&lt;br/&gt;  Title: Block size doubles at each reward halving with max block size of&lt;br/&gt;32M&lt;br/&gt;&lt;br/&gt;  Author: John Sacco &amp;lt;johnsock at gmail.com&amp;gt;&lt;br/&gt;&lt;br/&gt;  Status: Draft&lt;br/&gt;&lt;br/&gt;  Type: Standards Track&lt;br/&gt;&lt;br/&gt;  Created: 2015-11-11&lt;br/&gt;&lt;br/&gt;Abstract&lt;br/&gt;&lt;br/&gt;Change max block size to 2MB at next block subsidy halving, and double the&lt;br/&gt;block size at each subsidy halving until reaching 32MB.&lt;br/&gt;&lt;br/&gt;Copyright&lt;br/&gt;&lt;br/&gt;This proposal belongs in the public domain. Anyone can use this text for&lt;br/&gt;any purpose with proper attribution to the author.&lt;br/&gt;&lt;br/&gt;Motivation&lt;br/&gt;&lt;br/&gt;1.    Gradually restores block size to the default 32 MB setting originally&lt;br/&gt;implemented by Satoshi.&lt;br/&gt;&lt;br/&gt;2.    Initial increase to 2MB at block halving in July 2016 would have&lt;br/&gt;minimal impact to existing nodes running on most hardware and networks.&lt;br/&gt;&lt;br/&gt;3.    Long term solution that does not make enthusiastic assumptions&lt;br/&gt;regarding future bandwidth and storage availability estimates.&lt;br/&gt;&lt;br/&gt;4.    Maximum block size of 32MB allows peak usage of ~100 tx/sec by year&lt;br/&gt;2031.&lt;br/&gt;&lt;br/&gt;5.    Exercise network upgrade procedure during subsidy reward halving, a&lt;br/&gt;milestone event with the goal of increasing awareness among miners and node&lt;br/&gt;operators.&lt;br/&gt;&lt;br/&gt;Specification&lt;br/&gt;&lt;br/&gt;1.    Increase the maximum block size to 2MB when block 630,000 is reached&lt;br/&gt;and 75% of the last 1,000 blocks have signaled support.&lt;br/&gt;&lt;br/&gt;2.    Increase maximum block size to 4MB at block 840,000.&lt;br/&gt;&lt;br/&gt;3.    Increase maximum block size to 8MB at block 1,050,000.&lt;br/&gt;&lt;br/&gt;4.    Increase maximum block size to 16MB at block 1,260,000.&lt;br/&gt;&lt;br/&gt;5.    Increase maximum block size to 32MB at block 1,470,000.&lt;br/&gt;&lt;br/&gt;Backward compatibility&lt;br/&gt;&lt;br/&gt;All older clients are not compatible with this change. The first block&lt;br/&gt;larger than 1M will create a network partition excluding not-upgraded&lt;br/&gt;network nodes and miners.&lt;br/&gt;&lt;br/&gt;Rationale&lt;br/&gt;&lt;br/&gt;While more comprehensive solutions are developed, an increase to the block&lt;br/&gt;size is needed to continue network growth. A longer term solution is needed&lt;br/&gt;to prevent complications associated with additional hard forks. It should&lt;br/&gt;also increase at a gradual rate that retains and allows a large&lt;br/&gt;distribution of full nodes.  Scheduling this hard fork to occur no earlier&lt;br/&gt;than the subsidy halving in 2016 has the goal of simplifying the&lt;br/&gt;communication outreach needed to achieve consensus, while also providing a&lt;br/&gt;buffer of time to make necessary preparations.&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151112/c00ed906/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151112/c00ed906/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T17:44:34Z</updated>
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