The Consensus Path To A Bitcoin Hard Fork: Part 1

Things We Won’t Do

Things We Could Definitely Do

Increasing the Blocksize?

Spreading The Discount

  1. a node could discard the witnesses once it had checked they were valid, and
  2. this makes it as cheaper to spend outputs, which is good for the network: everyone has to remember all the unspent outputs. Before this, wallets trying to create the cheapest (ie. smallest) transaction were better off creating new outputs than consuming existing ones.

Ramping The Total Size

Flexible Blocksize

Measuring Consensus

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Rusty is a Linux kernel dev who wandered into Blockstream, and is currently trying to produce a prototype and spec for bitcoin lightning. Hodls bitcoin (only).

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Rusty Russell

Rusty Russell

Rusty is a Linux kernel dev who wandered into Blockstream, and is currently trying to produce a prototype and spec for bitcoin lightning. Hodls bitcoin (only).

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