31 Jan '16, 9am

Bitcoin Improvement Proposal (BIP) Needs More than a Developer - newsBTC

Over the past two years, a number of Bitcoin Improvement Proposals have been put forth by various members of the Bitcoin community. These proposals call for the block size to be increased from anywhere between 1 MB and 32 MB. Each of these proposals have received their fair share of opposition, some more than others. Some of the proposals so far include BIP 100 proposed by Jeff Garzik , a Bitcoin Core developer suggests an increase in the range between existing 1MB to 32MB depending upon the miners’ vote. BIP 101 is also known as Bitcoin XT proposed by Gavin Andresen and Mike Hearn. The proposal suggested the block size be increased from existing 1 MB to 8 MB, followed by addition increase of 8 MB every two years. BIP 102 proposed doubling of the current block size from 1 MB to 2 MB. Jeff Garzik was behind this proposal as well. BIP 103 was proposed by Pieter Wuille. It su...

Full article: http://www.newsbtc.com/2016/01/31/bip-needs-more-than-dev...

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