bitcoin/bitcoin — pull request #3326 by gavinandresen (2013-11-28 11:15:13+00:00)
Title: Increase default -blockmaxsize/prioritysize to 300K/30K

Proposed change for the 0.8.6 release: increase the default block size by 100K, and free transaction area by 3K.

Two reasons for this change in 0.8.6:

1) Transaction confirmation times are rising as blocks fill up.
2) It will be a good "natural experiment" to estimate what fraction of miners run with defaults.

See https://gist.github.com/gavinandresen/7670433 for current thinking on how fee-handling will evolve over the next couple of releases.