A Simple, Adaptive Block Size Limit
The block size limit is a consensus rule. If a block is larger than this limit, miners won’t incorporate it into the chain they are building. If a miner produces a block that isn’t incorporated into the chain by a majority of miners, it will be orphaned and the miner that produced the block will receive no compensation for their work. While Bitcoin could work without a preset fixed limit, that would leave a lot of uncertainty for miners. It is useful for miners to know the limit that is observed by a majority of the mining power and that we have a clear and simple consensus rule for it.
https://medium.com/@spair/a-simple-adaptive-block-size-limit-748f7cbcfb75#.s764hrull
best idea. never again a discussion about it.
Topic: [2016-01-07] A Simple, Adaptive Block Size Limit - page 2. (Read 1222 times)
Jump to: