rich1.0npub1edz8qyleqfqddckyjs0erkqysv2n76fwatw32nehpm5k7gertf4shmqjxchttps://nostr.ae/npub1edz8qyleqfqddckyjs0erkqysv2n76fwatw32nehpm5k7gertf4shmqjxcnjumphttps://nostr.ae📅 Original date posted:2015-11-13 📝 Original message:How about these specs: * 1 MB, height < 210000; * 2 MB, 210000 <= height < 420000; * 4 MB, 420000 <= height < 630000; * 8 MB, 630000 <= height < 840000; * 16 MB, 840000 <= height < 1050000; * 32 MB, height >= 1050000. On Fri, Nov 13, 2015 at 7:47 AM, John Sacco via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote: > Hi Devs, > > > Please consider the draft proposal below for peer review. > > > Thanks, > > > John > > > BIP > > BIP: ? > > Title: Block size doubles at each reward halving with max block size of > 32M > > Author: John Sacco <johnsock at gmail.com> > > Status: Draft > > Type: Standards Track > > Created: 2015-11-11 > > Abstract > > Change max block size to 2MB at next block subsidy halving, and double the > block size at each subsidy halving until reaching 32MB. > > Copyright > > This proposal belongs in the public domain. Anyone can use this text for any > purpose with proper attribution to the author. > > Motivation > > 1. Gradually restores block size to the default 32 MB setting originally > implemented by Satoshi. > > 2. Initial increase to 2MB at block halving in July 2016 would have > minimal impact to existing nodes running on most hardware and networks. > > 3. Long term solution that does not make enthusiastic assumptions > regarding future bandwidth and storage availability estimates. > > 4. Maximum block size of 32MB allows peak usage of ~100 tx/sec by year > 2031. > > 5. Exercise network upgrade procedure during subsidy reward halving, a > milestone event with the goal of increasing awareness among miners and node > operators. > > Specification > > 1. Increase the maximum block size to 2MB when block 630,000 is reached > and 75% of the last 1,000 blocks have signaled support. > > 2. Increase maximum block size to 4MB at block 840,000. > > 3. Increase maximum block size to 8MB at block 1,050,000. > > 4. Increase maximum block size to 16MB at block 1,260,000. > > 5. Increase maximum block size to 32MB at block 1,470,000. > > Backward compatibility > > All older clients are not compatible with this change. The first block > larger than 1M will create a network partition excluding not-upgraded > network nodes and miners. > > Rationale > > While more comprehensive solutions are developed, an increase to the block > size is needed to continue network growth. A longer term solution is needed > to prevent complications associated with additional hard forks. It should > also increase at a gradual rate that retains and allows a large distribution > of full nodes. Scheduling this hard fork to occur no earlier than the > subsidy halving in 2016 has the goal of simplifying the communication > outreach needed to achieve consensus, while also providing a buffer of time > to make necessary preparations. > > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev at lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev >