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Merge pull request jgarzik#2 from elliotolds/patch-1
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Fix description of how block limit is computed from votes
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Jeff Garzik committed Sep 3, 2015
2 parents bf02b7a + 1fe19c7 commit 8a3b17b
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2 changes: 1 addition & 1 deletion discussion.md
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Expand Up @@ -236,7 +236,7 @@ Protocol changes proposed:
7. Changing the 1MB limit is accomplished in a manner similar to BIP 34, a one-way lock-in upgrade with a 12,000 block (3 month) threshold by 90% of the blocks.
8. Limit increase or decrease may not exceed 2x in any one step.
9. Limit may not decrease below 1MB.
10. Miners vote by encoding ‘BV’+BlockSizeRequestValue into coinbase scriptSig, e.g. “/BV8000000/” to vote for 8M. Votes are evaluated by dropping bottom 20% and top 20%, and then the most common floor (minimum) is chosen.
10. Miners vote by encoding ‘BV’+BlockSizeRequestValue into coinbase scriptSig, e.g. “/BV8000000/” to vote for 8M. The 20th percentile vote is the new block size limit.

This creates a framework whereby the network may increase the block size
by consensus, a lower and less politically risky hurdle than hard fork.
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