Peter R [ARCHIVE] on Nostr: 📅 Original date posted:2016-11-22 📝 Original message:Dear all, Bitcoin ...

📅 Original date posted:2016-11-22
📝 Original message:Dear all,

Bitcoin Unlimited’s market-based solution to the block-size limit is slowly winning support from node operators and miners. With this increased attention, many people are asking for a better explanation of how Bitcoin Unlimited actually works. The article linked below describes how Bitcoin Unlimited’s excessive-block logic works from the perspective of a single node. (I’m hoping to do a follow-up article that describe how this “node-scale” behavior facilitates the emergence of a fluid and organic block size limit at the network scale.)

https://medium.com/@peter_r/the-excessive-block-gate-how-a-bitcoin-unlimited-node-deals-with-large-blocks-22a4a5c322d4 <https://medium.com/@peter_r/the-excessive-block-gate-how-a-bitcoin-unlimited-node-deals-with-large-blocks-22a4a5c322d4>;

Best regards,
Peter R
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