BIPs bitcoin improvement proposals

104 - 'Block75' - Max block size like difficulty

<pre> BIP: 104 Layer: Consensus (hard fork) Title: 'Block75' - Max block size like difficulty Author: t.khan <teekhan42@gmail.com> Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0104 Status: Rejected Type: Standards Track Created: 2017-01-13 License: BSD-2-Clause GNU-All-Permissive </pre> ==Abstract== Automatic adjustment of max block size with the target of keeping blocks 75% full, based on the average block size of the previous 2016 blocks. This would be done on the same schedule as difficulty. ==Motivation== Blocks are already too full and cannot support further transaction growth. While SegWit and Lightning (and other off-chain solutions) will help, they will not solve this problem. Bitcoin needs a reasonably effective and predictable way of managing the maximum block size which allows moderate growth, keeps max block size as small as possible, and prevents wild swings in transaction fees. The ...