Post
Topic
Board Bitcoin Discussion
Re: Why I support BIP101
by
Carlton Banks
on 05/10/2015, 22:52:24 UTC
I agree with raising the blocksize, but not by such a large increment.  If BIP101 was simply altered to curtail the increases it would be much more likely to gain support.  Chances are, most people are going to get behind a 2-4-8 increase, which seems far more prudent than 8-16-32.  Personally, I'd still like to see dynamic, smaller adjustments on a more frequent basis, like every week or two if required, but the idea doesn't seem to be gaining much momentum.  If I could code, I'd start an altcoin to test this idea out.  Would love to see it in action (with or without the voting part).  I guess it's more complicated that way, so less appealing as a result.  People seem to like whole numbers and simple concepts, so we'll probably end up with static limits.  Such strict rigidity worries me a little, but being stable and predictable is important too.
I actually agree with you, I only support BIP101 until a better alternative is implemented. It would indeed be good to have BIP101 itself curtailed I would absolutely support such a change, I also think that this would help with gaining support overall.

How does that explain why you've been using dozens of demonstrably false arguments in favour of BIP101? Or that 2-4-8 is a vastly different proposition (being as it stops at 8MB), that will invoke highly significant changes in the characteristics of the network dynamics that you claim to be a student of?