sickpig at gmail.com [ARCHIVE] on Nostr: 📅 Original date posted:2015-12-18 📝 Original message:On Fri, Dec 18, 2015 at ...
📅 Original date posted:2015-12-18
📝 Original message:On Fri, Dec 18, 2015 at 8:56 AM, Pieter Wuille via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
>
> > - only assuming robust adoption rates by up-layer ecosystem software, and
>
> That's not required. Everyone who individually switches to new
> transactions gets to do 1.75x more transactions for the same price
> (and at the same time gets safer contracts, better script
> upgradability, and more security models at their disposal), completely
> independent of whether anyone else in the ecosystem does the same.
>
>
So hypothetically if wallets/payments processors/full nodes adoption
will take 6 month to get to 50% after the segwit soft-fork activation, this
means that actual network capacity will be increased by:
1.75 x 0.5 + 1 x 0.5 = 1.375
after six month.
An hard-fork on the others side would bring 1.75 since the activation, am I
right?
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Published at
2023-06-07 17:46:23Event JSON
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"content": "📅 Original date posted:2015-12-18\n📝 Original message:On Fri, Dec 18, 2015 at 8:56 AM, Pieter Wuille via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e\n\u003e \u003e - only assuming robust adoption rates by up-layer ecosystem software, and\n\u003e\n\u003e That's not required. Everyone who individually switches to new\n\u003e transactions gets to do 1.75x more transactions for the same price\n\u003e (and at the same time gets safer contracts, better script\n\u003e upgradability, and more security models at their disposal), completely\n\u003e independent of whether anyone else in the ecosystem does the same.\n\u003e\n\u003e\nSo hypothetically if wallets/payments processors/full nodes adoption\nwill take 6 month to get to 50% after the segwit soft-fork activation, this\nmeans that actual network capacity will be increased by:\n\n1.75 x 0.5 + 1 x 0.5 = 1.375\n\nafter six month.\n\nAn hard-fork on the others side would bring 1.75 since the activation, am I\nright?\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151218/79231514/attachment.html\u003e",
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