eeehhh it gets pretty complicated pretty fast. basically if miners increase the blocksize, theres a penalty on the block reward. so there have to be enough fees to make it worth it for them the simplest description is probably this one

Replies (1)

Thanks. This is short but still a bit late for me to read. Will come back to it tomorrow. I'm sure you're familiar with all the usual arguments for small fixed-size blocks, and woulda guessed you agree with most of them, so will be curious to see how this works