BIPs bitcoin improvement proposals

107 - Dynamic limit on the block size

<pre> BIP: 107 Layer: Consensus (hard fork) Title: Dynamic limit on the block size Author: Washington Y. Sanchez <washington.sanchez@gmail.com> Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0107 Status: Rejected Type: Standards Track Created: 2015-09-11 License: PD </pre> ==Abstract== This BIP proposes a dynamic limit to the block size based on transaction volume. ==Motivation== Over the next few years, large infrastructure investments will be made into: # Improving global network connectivity # Improving block propagation across the Bitcoin network # Layer 2 services and networks for off-chain transactions # General efficiency improvements to transactions and the blockchain * While there is a consensus between Bitcoin developers, miners, businesses and users that the block size needs to be increased, there is a lingering concern over the potential unintended consequences that may augment the trend towards n...