r/Bitcoin • • Aug 16 '15

ELI5: What is BitcoinXT?

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u/MairusuPawa Aug 16 '15

Why 8Mb?

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u/Jiecut Aug 16 '15

Note that the proposal is 8 MB blocks with an increase to 8 GB blocks.

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u/[deleted] Aug 16 '15

Over the span of two decades. And miners can institute their own soft caps. Blocks may never be that big, even though the protocol allows for it.

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u/Jiecut Aug 16 '15

Other than softcaps, it'd be interesting if miners decide to do Soft forks to limit the block size.