On Thu, Sep 3, 2015 at 8:57 AM, jl2012 via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote:
  1. hardLimit floats within the range 1-32M, inclusive.

Does the 32MB limit actually still exist anywhere in the code?  In effect, it is re-instating a legacy limitation.

The message size limit is to minimize the storage required per peer.  If a 32MB block size is required, then each network input buffer must be at least 32MB. This makes it harder for a node to support a large number of peers.

There is no reason why a single message is used for each block.  Using the merkleblock message (or a different dedicated message), it would be possible to send messages which only contain part of a block and have a limited maximum size.

This would allow receiving parts of a block from multiple sources. 

This is a separate issue but should be considered if moving past 32MB block sizes (or maybe as a later protocol change).
 
  1. Changing hardLimit is accomplished by encoding a proposed value within a block's coinbase scriptSig.
    1. Votes refer to a byte value, encoded within the pattern "/BV\d+/" Example: /BV8000000/ votes for 8,000,000 byte hardLimit. If there is more than one match with with pattern, the first match is counted.
Is there a need for byte resolution?  Using MB resolution would use up much fewer bytes in the coinbase.

Even with the +/- 20% rule, miners could vote for the nearest MB.  Once the block size exceeds 5MB, then there is enough resolution anyway.

    1. Absent/invalid votes and votes below minimum cap (1M) are counted as 1M votes. Votes above the maximum cap (32M) are counted as 32M votes.

I think abstains should count for the status quo.  Votes which are out of range should be clamped.

Having said that, if core supports the change, then most miners will probably vote one way or another.

> New hardLimit is the median of the followings:
> m
in(current hardLimit * 1.2, 20-percentile)
> max(current hardLimit / 1.2, 80-percentile)

> current hardLimit


I think this is unclear, though mathematically exact.

Sort the votes for the last 12,000 blocks from lowest to highest. 

Blocks which don't have a vote are considered a vote for the status quo.

Votes are limited to +/- 20% of the current value.  Votes that are out of range are considered to vote for the nearest in range value.

The raise value is defined as the vote for the 2400th highest block (20th percentile).
The lower value  is defined as the vote for the 9600th highest block (80th percentile).

If the raise value is higher than the status quo, then the new limit is set to the raise value.
If the lower value is lower than the status quo, then the new limit is set to the lower value.
Otherwise, the size limit is unchanged.