Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Hm, why are people euphoric about BIP100 superseding BIP101?
Because BIP101 is broken.
Moreover, BIP100 will allow blocks larger than 1 MB, won't it?
Yes, correct, this is the purpose of BIP 100.
Moreover, BitcoinCore does not implement BIP100, and so fat Blockstream has been totally opposed to any increase. So, if BIP100 gets into effect, it will be by some other implementation, right?.
Blockstream is leading the development of a block size increase with a number of upcoming BIPXXX release as I understand it.
I don't trust much the votes from the miners but one thing is for sure they want no business with 8 MB blocks.
Am I missing something?
Everything!