Why Nostr? What is Njump?
2023-06-07 17:58:49
in reply to

Jorge Tim贸n [ARCHIVE] on Nostr: 馃搮 Original date posted:2017-04-01 馃摑 Original message:On Sat, Apr 1, 2017 at ...

馃搮 Original date posted:2017-04-01
馃摑 Original message:On Sat, Apr 1, 2017 at 3:15 PM, Natanael <natanael.l at gmail.com> wrote:
>
>
> Den 1 apr. 2017 14:33 skrev "Jorge Tim贸n via bitcoin-dev"
> <bitcoin-dev at lists.linuxfoundation.org>:
>
> Segwit replaces the 1 mb size limit with a weight limit of 4 mb.
>
>
> That would make it a hardfork, not a softfork, if done exactly as you say.
>
> Segwit only separates out signature data. The 1 MB limit remains, but would
> now only cover the contents of the transaction scripts. With segwit that
> means we have two (2) size limits, not one. This is important to remember.
> Even with segwit + MAST for large complex scripts, there's still going to be
> a very low limit to the total number of possible transactions per block. And
> not all transactions will get the same space savings.

No, because of the way the weight is calculated, it is impossible to
create a block that old nodes would perceive as bigger than 1 mb
without also violating the weight limit.
After segwit activation, nodes supporting segwit don't need to
validate the 1 mb size limit anymore as long as they validate the
weight limit. The weight is also the only notion of cost miners need
to consider when comparing txs by feerate (fee per cost, before segwit
tx_fee/tx_size, post-segwit tx_fee/tx_weight).
This is important to remember, because having 2 separated limits or
costs would make block creation and relay policies much harder to
implement.

Therefore a hardfork after segwit can just increase the weight limit
and completely forget about the pre-segwit 1 mb size limit.
Author Public Key
npub1fx98zxt3lzspjs5f4msr0fxysx5euucm29ghysryju7vpc9j0jzqtcl2d8