In the ongoing debate regarding Bitcoin’s block size limit, Bitcoin Core developer Pieter “sipa” Wuille has published a Bitcoin Improvement Proposal (BIP) to increase the maximum block size by 17.7% per year, starting in January 2017. However, like previous proposals, it seems unlikely Wuille’s BIP 103 will reach a consensus within Bitcoin’s development community.
In a proposal dubbed “Block size following technological growth,” Wuille argues that his suggested maximum block size limit growth is tailored […]