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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