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Merge pull request #1 from marzig76/master
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1MB floor
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Jeff Garzik committed Sep 2, 2015
2 parents b2b6fe9 + 4bc9d38 commit efacc4b
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3 changes: 2 additions & 1 deletion discussion.md
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Expand Up @@ -235,7 +235,8 @@ Protocol changes proposed:
6. Schedule the hard fork on bitcoin main chain for January 11, 2016.
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. 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.
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.

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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