course he aint serious..
the numbers 69, 420 are the punchline to his immature joke.
give it a while and his obvious teenage brain farts will come up with a 100mb limit..
"keepin it 100"
This was a serious proposal. You forgot to mention the first increase to tree fiddy on da first of da month.
This doesn't really seem like a real proposal. Like your wording and stuff seems pretty professional but the 2 numbers, 69 and 420 are pretty childish.
If BIP101 (a worse proposal) is accepted as a real proposal, then BIP69 is a real proposal too.
Visa is doing about 2000 transactions per second
BIP101 maxes out at 8GB, which is about 28000 transactions per second
BIP69 maxes out at 420MB, which is about 1500 transactions per second
Why does BIP101 bloat all the way up to 28k transactions per second? Is this necessary?
BIP69 hits the sweet spot with maximum blocksize reaching 420MB around the year 2024. This will allow for roughly the same transaction capacity as Visa