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I support larger blocks

2/21/2016

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I support the 20MB block limit. #Bitcoin

— KC (@darkfur93) May 4, 2015
I been a supporter for larger blocks for awhile.
Back in May 2015 I voiced support for Gavin's increase to 20MB.
While the talk about the increase to 20MB ended a long time ago, I still supported larger blocks.

I started using Bitcoin XT when the client started to support BIP 101.
While I liked the idea of BIP 100 better than BIP 101, there was no working client for BIP 100 at the time.

When it looked like BIP 101 was going nowhere, I started using Bitcoin Unlimited. A client that can support any increase. (Up to 16MB default)

When talk about Classic started, I got excited that there was still strong support for a increase.
I followed the news about Classic almost 24 hours a day till the source code came out.

I am still running a Classic node while writing this article. I am very hopeful we will have a block increase some time soon.

If I could code my own increase, it would be something like this:
Increase 1536 kB every 52560 blocks until block 540960

Block Number 400000 = 976.56 kB
Block Number 426280 = 2512.56 kB
Block Number 478840 = 4048.56 kB
Block Number 531400 = 5584.56 kB

Soft limit remains the same
Segregated witness is a hardfork at block 426280
Reject transactions that do too much signature hashing.

This would give us about 3 years of increases. After that we can choose to hardfork again if we need to.
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    Hi this is darkfur93. I'm a tech geek and this is my blog. :3

    This blog is not updated often and I don't reply to comments.

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