Special Thanks to /u/MineForeman for sharing the link to the pdf, hosted on /u/JGarzik page. This link was shared a month ago.. Its not listed in Github so You can imagine I'm upset when hearing that supposedly 25% of the hashrate is running this when its not even officially recognized.
Don't feel like clicking through anything?:
Protocol changes proposed:
- Hard fork, to
- Remove static 1MB block size limit.
- Simultaneously, add a new floating block size limit, set to 1MB.
- The historical 32MB limit remains.
- Schedule the hard fork on testnet for September 1, 2015.
- Schedule the hard fork on bitcoin main chain for January 11, 2016.
- Changing the 1MB limit is accomplished in a manner similar to BIP 34, a oneway lockin upgrade with a 12,000 block (3 month) threshold by 90% of the blocks.
- Limit increase or decrease may not exceed 2x in any one step.
- 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.
Submitted August 25, 2015 at 02:55PM by frankenmint http://bit.ly/1EheFOS
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