hampus on Nostr: Okay here's the deal. We remove the SegWit discount, so that ordinal inscriptions ...
Okay here's the deal.
We remove the SegWit discount, so that ordinal inscriptions can't abuse the chain. Bringing us to 1MB blocksize again.
BUT, we implement Cross-Input Signature Aggregation at the same time, so that financial transactions have a huge advantage and low fees.
Cross-Input Signature Aggregation (CISA) lets you do one Schnorr signature (64 bytes) over multiple inputs, potentially saving an enormous amount of fees.
This is a better fix than SegWit discount, and it can't be abused to embed non-financial data into the blockchain.
Published at
2023-02-07 16:23:40Event JSON
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"tags": [],
"content": "Okay here's the deal.\n\nWe remove the SegWit discount, so that ordinal inscriptions can't abuse the chain. Bringing us to 1MB blocksize again.\n\nBUT, we implement Cross-Input Signature Aggregation at the same time, so that financial transactions have a huge advantage and low fees.\n\nCross-Input Signature Aggregation (CISA) lets you do one Schnorr signature (64 bytes) over multiple inputs, potentially saving an enormous amount of fees.\n\nThis is a better fix than SegWit discount, and it can't be abused to embed non-financial data into the blockchain.",
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