Post
Topic
Board Bitcoin Discussion
Re: [POLL] Possible scaling compromise: BIP 141 + BIP 102 (Segwit + 2MB)
by
Variogam
on 18/03/2017, 16:27:22 UTC
BitcoinEC: SegWit + Emergent Consensus - Already *praised* by ViaBTC (see here: https://twitter.com/ViaBTC/status/842748341767290880) [1].
though bitcoinEC is a 'in concept' a step in the right direction wise to move bitcoin forward. by having dynamics. im shocked at the ones jumping in advocating it without peer reviewing first


While the code is not released yet, for those not following up to date news, it seems to be latest Core client patched with BU Emergent Consensus concept:

EB (Excessive Blocks): user is able to set easily how big blocks to accept maximally, default value 1 MB
AD (Acceptance Deepth): BitcoinEC set it always to infinite, so your node can not automatically fall back to bigger blocks than your EB setting. But the BitcoinEC going to monitor where the longest proof of work (PoW) chain is and providing a warning when your not following longest PoW chain anymore because of your low EB setting.

Personally I see it step in the right direction as well.