Update to BIP100 by Jeff Garzik and Tom Harding discussed here:
https://bitcointalksearch.org/topic/bip100-updated-by-jeff-garzik-and-tom-harding-1822824
Topic: So what is this proposal BIP100? (Read 453 times)
BIP 100 is an old blocksize increase proposal that was recently amended by Jeff Garzik to make it more compatible with BU style signalling I think. It seems to have disappeared from github gist entirely, so I'd be interested if someone could find it.
If I remember correctly, it allows the blocksize to increase or decrease by a certain percentage every difficulty adjustment period.
If I remember correctly, it allows the blocksize to increase or decrease by a certain percentage every difficulty adjustment period.
I read it can only increase by 100% or decrease by 50 % (doubled or half) during the time it needs to modify the block . I do not know if the current features is being modified to support BU. But I believe Segwit supporters will reject this kind of proposal because it will remove a lot of power from the developer and put it on miners which I think is not good to Bitcoin as a whole. What I worries is the need of Hardfork once implemented. If this thing gets popular we are back to the Hardfork Issue again.
That's it. Thanks for finding it.
Seems to have disappeared from this list:
https://github.com/bitcoin/bips
BIP 100 is an old blocksize increase proposal that was recently amended by Jeff Garzik to make it more compatible with BU style signalling I think. It seems to have disappeared from github gist entirely, so I'd be interested if someone could find it.
If I remember correctly, it allows the blocksize to increase or decrease by a certain percentage every difficulty adjustment period.
BIP100 is about: "Replacing the static 1M block size hard limit with a hard limit set by coinbase vote, conducted on the same schedule as difficulty retargeting."If I remember correctly, it allows the blocksize to increase or decrease by a certain percentage every difficulty adjustment period.
https://github.com/jgarzik/bip100/blob/master/bip-0100.mediawiki
I noticed that Bitcoin.com and some miners from ViaBTC started signalling BIP100 today.
Someone can tell me why this old scaling solution is gaining so much attention now?
BIP 100 is an old blocksize increase proposal that was recently amended by Jeff Garzik to make it more compatible with BU style signalling I think. It seems to have disappeared from github gist entirely, so I'd be interested if someone could find it.
If I remember correctly, it allows the blocksize to increase or decrease by a certain percentage every difficulty adjustment period.
If I remember correctly, it allows the blocksize to increase or decrease by a certain percentage every difficulty adjustment period.
As some of you already know, bitcointalk was down for some hours for some people, I took the chance to check reddit as I'm not that active there. I found out about this new BIP100 that everyone is talking about.
I want to know what is it and how different is it from BU and would SegWit supporters support this BIP100? If that's the case then I don't see why miners didn't start signalling it yet. I found out that this proposal is not really "new" but has been proposed 2015 and not sure what happened at that time.
I want to know what is it and how different is it from BU and would SegWit supporters support this BIP100? If that's the case then I don't see why miners didn't start signalling it yet. I found out that this proposal is not really "new" but has been proposed 2015 and not sure what happened at that time.
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