"Without going into too many technical details, the proposal in question would be a soft-fork, rather than the previously proposed hard-fork. Bitcoin’s scalability and capacity would be increased, as the data in network blocks would be reorganized to handle all signatures separately. In the end, the block size would be increased to a maximum of 4 MB."
4MB is good for the next two years.
Topic: [2015-12-22] 31 Bitcoin Contributors Sign Block Size Proposal By Gregory Maxwell (Read 422 times)
December 22, 2015, 05:50:55 AM
December 22, 2015, 04:13:50 AM
The Bitcoin block size debate is still far from over, as a new capacity increases page with initial signatures has been posted on GitHub very recently. Quite a few prominent names in the Bitcoin industry have all signed the roadmap, including Charlie Lee, Cory Fields, Gregory Maxwell, and, surprisingly enough, Theymos. Whether or not a consensus can be reached regarding this proposal, remains to be seen, though.
http://bitcoinist.net/31-bitcoin-contributors-sign-block-size-proposal-by-gregory-maxwell/
http://bitcoinist.net/31-bitcoin-contributors-sign-block-size-proposal-by-gregory-maxwell/
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