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A comment on The Bitcoin Blocksize: A Summary. Parent comment
An easy way to understand the proposal is to think about it in terms of forward error correction.
The design is an improvement over the existing relay network to compactly encode transactions which are not yet fully relayed.
In practice the improvement is very small.
Information on the existing relay network is available here http://bitcoinrelaynetwork.org/
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An easy way to understand the proposal is to think about it in terms of forward error correction.
The design is an improvement over the existing relay network to compactly encode transactions which are not yet fully relayed.
In practice the improvement is very small.
Information on the existing relay network is available here http://bitcoinrelaynetwork.org/