Simon Liu [ARCHIVE] on Nostr: š
Original date posted:2016-02-08 š Original message:> 1) The segregated ...
š
Original date posted:2016-02-08
š Original message:> 1) The segregated witness discount is changed from 75% to 50%. The block
> size limit (ie transactions + witness/2) is set to 1.5MB. This gives a
> maximum block size of 3MB and a "network-upgraded" block size of roughly
> 2.1MB. This still significantly discounts script data which is kept out
> of the UTXO set, while keeping the maximum-sized block limited.
What is the rationale for offering a discount?
Is there an economic basis for setting the original discount at 75%
instead of some other number?
If it's okay to arbitrarily reduce the discount by 1/3, what are the
actual boundary limits: 50% - 75% ? 40% - 80% ?
--Simon
Published at
2023-06-07 17:48:56Event JSON
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Original date posted:2016-02-08\nš Original message:\u003e 1) The segregated witness discount is changed from 75% to 50%. The block\n\u003e size limit (ie transactions + witness/2) is set to 1.5MB. This gives a\n\u003e maximum block size of 3MB and a \"network-upgraded\" block size of roughly\n\u003e 2.1MB. This still significantly discounts script data which is kept out\n\u003e of the UTXO set, while keeping the maximum-sized block limited.\n\nWhat is the rationale for offering a discount?\n\nIs there an economic basis for setting the original discount at 75%\ninstead of some other number?\n\nIf it's okay to arbitrarily reduce the discount by 1/3, what are the\nactual boundary limits: 50% - 75% ? 40% - 80% ?\n\n--Simon",
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