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RE: Witness Update - RPC Node + Blocksize parameter update

in #witness-update7 years ago

My understanding (and @locikll please correct me if I am wrong) is that it is consensus based - all witnesses set these parameters more or less independently and when a critical number of witnesses has raised the blocksize parameter than it is implemented blockchain wide.

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Interesting... so.. each node sets its own parameters, but if said parameters reaches some certain aggregate threshold, then all nodes adjust to this (new) "threshold?"

that is my understanding, that once the consensus threshold is reached the new parameter would be required and witnesses not supporting it would not be producing blocks.

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