Subject: [bitcoin-dev] The Excessive-Block Gate: How a Bitcoin Unlimited Node Deals With Large Blocks

From: Peter R <[email-masked]>
Date: Tue, 22 Nov 2016 08:31:50 -0800

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