January 2019
Beginner to intermediate
372 pages
11h 17m
English
From the very beginning of 2010, there have been attempts to increase the block size with different proposals. There are even a number of Bitcoin Improvement Proposals (BIP) that keep track of this issue. Some of them are BIP 100 - 103 and BIP 109, and all of them are either in a draft or a rejected state.
One of the initial proposals, BIP 101 by Gavin Andreson, one of the initial developers of the Bitcoin core, suggested increasing the block size to 8 MB and doubling the limit every two years, with the size growing linearly during the two years. Although the proposal gained support from a majority of the miners, it failed to gain an economic majority as it required a hard fork. An alternate Bitcoin client called Bitcoin ...