# Gavin Andresen # 2012-07-10 13:29:10 # https://bitcointalk.org/index.php?topic=92558.msg1021055#msg1021055 In case you don't subscribe to the @p{(link}bitcoin-development mailing list@p{link)}, we've been talking about a new BIP: @p{par} "Bitcoin blocks and transactions are versioned binary structures. Both currently use version 1. This BIP introduces an upgrade path for versioned transactions and blocks. A unique value is added to newly produced coinbase transactions, and blocks are updated to version 2." @p{par} Full BIP: @s{(link)} @p{brk} Mailing list discussion: @s{(link)} @p{brk} Pull request that implements BIP 34: @s{(link)} @p{brk} BIP16 "Lessons learned" : @s{(link)} @p{par} I'd like to keep most discussion on the bitcoin-development mailing and not here on the forums, although I do plan on posting to one of the mining boards to warn solo miners and pool operators that they will eventually need to upgrade (I expect it will take at least a year and probably two or more for 95% of hashing power to upgrade, which is the proposed timeframe for full BIP 34 support).