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Notable Bitcoin Core Contributors Now Open to Increasing Block-size Limit to 2 or 4MB
• Bitcoin MagazineAlthough some individuals in the Bitcoin community believed that nothing would come out of the recent Scaling Bitcoin workshop in Montreal, it seems that some progress was made in finding a compromise between the small-block decentralists and the big-block progressives.
Multiple discussions between some of the key minds in the Bitcoin Core development community took place at the event this past weekend, and it seems the overall goal was to find the key areas of agreement between all of the contributors' wide-ranging points of view. Rumors were originally swirling around a possible implementation of Adam Back's 2-4-8 block-size limit increase proposal, but it appears that the area of agreement is more general than that.
A Short-term Bump in the Block-size Limit
Instead of implementing a long-term solution as soon as possible, the majority of Bitcoin Core contributors are interested in a short-term fix. When reaching out to Blockstream co-founder and President Adam Back to clarify some of the rumors that were swirling around the Montreal workshop, the longtime applied cryptographer pointed to a short summary of the discussions between Bitcoin Core contributors posted to the bitcoin-dev mailing list by Bitcoin Core Developer Jeff Garzik. In his summary, Garzik noted:
"Many [are] interested or at least willing to accept a 'short term bump,' a hard fork to modify block size limit regime to be cost-based via 'net-utxo' rather than a simple static hard limit. 2-4-8 and 17%/year were debated and seemed 'in range' with what might work as a short term bump – net after applying the new cost metric."




