CIP: 2 Title: Quadruple Block Size Author: PoCC/rico666 <email@example.com> Comments-Summary: No comments yet. Comments-URI: https://github.com/PoC-Consortium/CIPs/wiki/Comments:CIP-0002 Status: Active Type: Hard Fork Created: 2018-01-26
This CIP proposes a block size growth intended to to be better able to cope with varying transactional load on the Burst blockchain and other technological improvements for the foreseeable future.
The proposed change results in a maximum block size of moderate 175KB, yet allows in combination with Multi-Out Same to serve over 19000 recipients per block.
The original Burst has 255 transactions per block, which is on average every 240 seconds, resulting in an effective tx capacity of 1.0625 tx/s. This is insufficient by any standard.
Raising the block size 4-fold, together with other changes in the protocoll (such as the more efficient Multi-Out transactions - see CIP 4 will allow us to raise tx capacity up to 80 tx/s
The original block size of Burstcoin derives from the number of transactions per block (255) and a given size per transaction (176 bytes are taken as reference for the "Ordinary Payment" type of transaction).
This results in a block size of 255 * 176 = 44800 bytes
Any transaction requiring more than 176 bytes (such as a payment with an attached message to it) results in lowering the total tx capacity of the blockchain. Say a transaction including a message has around 1100 bytes, then there is only space for 44 such transactions in the block.
The proposed change rises this limit 4-fold, by specifying 1020 transactions instead of 255. As a direct result, the maximum block size is 1020 * 176 = 179520 bytes
Again, it's possible to add either 1020 transactions each of the size 176 bytes (ordinary payments) or - say - 149 Multi-Out Same transactions each with 128 recipients (176+1+1024 bytes per tx) each and 3 ordinary payments.
This is a hard forking change, thus breaks compatibility with old fully-validating node. It should not be deployed without widespread consensus.
This document is placed in the public domain.