- Aug 22, 2015
BIP100OK. So, this is the deal. The cat is out of the bag, the miners have seen BIP100 and they are not forgetting it anytime soon. Unlike BIP101 the BIP100 gives miners extra power, extra control. They like it. Really like it.
This implies that XT will not get its 75% threshold for activation, unless real market volumes ramp up very fast and the 1MB is maxed out for a period of time, causing a mass adoption to avoid a PR disaster and market crash and permanent reputational damage . Before this happens the likelihood is that either Jeff or someone else will write a BIP100 patch and either Core or XT or both will adopt it.
Better that Jeff writes this patch than Core Dev who will throw the kitchen sink at it to keep the block limit constrained for as long as possible.