Why Nostr? What is Njump?
2023-06-07 18:04:26
in reply to

Dan Libby [ARCHIVE] on Nostr: 📅 Original date posted:2017-07-13 📝 Original message:On 07/13/2017 06:39 AM, ...

📅 Original date posted:2017-07-13
📝 Original message:On 07/13/2017 06:39 AM, Hampus Sjöberg via bitcoin-dev wrote:
>> I believe that a good reason not to wish your node to be segwit
> compliant is to avoid having to deal with the extra bandwidth that
> segwit could require. Running a 0.14.2 node means being ok with >1MB
> blocks, in case segwit is activated and widely used. Users not
> interested in segwit transactions may prefer to keep the cost of their
> node lower.
>
> If the majority of the network decides to deploy SegWit, it would be in
> your best interest to validate the SegWit transactions, because you
> might will be downgraded to near-SPV node validation.
> It would be okay to still run a "non-SegWit" node if there's no SegWit
> transactions in the chain of transactions for your bitcoins, otherwise
> you cannot fully verify the the ownership of your bitcoins.
> I'm not sure the practicality of this in the long run, but it makes a
> case for having an up-to-date non-SegWit node, although I think it's a
> bit of a stretch.

Right. Well, if I never upgrade to segwit, then there seems little
(zero?) risk of having any segwit tx in my tx chain.

Thus this would be a way I could continue with a lower bandwidth cap and
also keep my coins "untainted", so to speak.

I'm not sure about it for the long run either. more just something of
an experiment.
Author Public Key
npub1hm38d5dwxdq5zxlnv2qdfk3flecptqwl7g7u62ja0tr92d0hmrusejk43d