Why Nostr? What is Njump?
2023-06-07 17:45:47
in reply to

Jonathan Toomim [ARCHIVE] on Nostr: 📅 Original date posted:2015-12-08 📝 Original message:On Dec 8, 2015, at 6:02 ...

📅 Original date posted:2015-12-08
📝 Original message:On Dec 8, 2015, at 6:02 AM, Gregory Maxwell via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:

> The particular proposal amounts to a 4MB blocksize increase at worst.

I understood that SegWit would allow about 1.75 MB of data in the average case while also allowing up to 4 MB of data in the worst case. This means that the mining and block distribution network would need a larger safety factor to deal with worst-case situations, right? If you want to make sure that nothing goes wrong when everything is at its worst, you need to size your network pipes to handle 4 MB in a timely (DoS-resistant) fashion, but you'd normally only be able to use 1.75 MB of it. It seems to me that it would be safer to use a 3 MB limit, and that way you'd also be able to use 3 MB of actual transactions.

As an accounting trick to bypass the 1 MB limit, SegWit sounds like it might make things less well accounted for.

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