From: Johnson Lau <jl2012@xbt•hk>
To: Sergio Demian Lerner <sergio.d.lerner@gmail•com>
Cc: bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Some real-world results about the current Segwit Discount
Date: Tue, 9 May 2017 23:45:04 +0800 [thread overview]
Message-ID: <7B918396-5968-4908-83C8-0F77DA8DB037@xbt.hk> (raw)
In-Reply-To: <CAKzdR-on-w9EF+2hLjchdyHB1gj7fi4QnybA=J4Cz7yyN3KKNA@mail.gmail.com>
> On 9 May 2017, at 21:49, Sergio Demian Lerner via bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org> wrote:
>
>
> So it seems the 75% discount has been chosen with the idea that in the future the current transaction pattern will shift towards multisigs. This is not a bad idea, as it's the only direction Bitcoin can scale without a HF.
> But it's a bad idea if we end up doing, for example, a 2X blocksize increase HF in the future. In that case it's much better to use a 50% witness discount, and do not make scaling risky by making the worse case block size 8 Mbytes, when it could have been 2*2.7=5.4 Mbytes.
>
As we could change any parameter in a hardfork, I don’t think this has any relation with the current BIP141 proposal. We could just use 75% in a softfork, and change that to a different value (or completely redefine the definition of weight) with a hardfork later.
next prev parent reply other threads:[~2017-05-09 15:45 UTC|newest]
Thread overview: 21+ messages / expand[flat|nested] mbox.gz Atom feed top
2017-05-08 22:42 Sergio Demian Lerner
2017-05-08 23:47 ` Alphonse Pace
2017-05-09 13:49 ` Sergio Demian Lerner
2017-05-09 14:33 ` James Hilliard
2017-05-09 15:45 ` Johnson Lau [this message]
2017-05-09 16:19 ` Sergio Demian Lerner
2017-05-09 16:27 ` Johnson Lau
2017-05-09 16:27 ` James Hilliard
2017-05-09 18:15 ` Matt Corallo
2017-05-09 18:58 ` Sergio Demian Lerner
2017-05-09 19:15 ` Sergio Demian Lerner
2017-05-09 19:30 ` Gregory Maxwell
2017-05-09 19:42 ` Matt Corallo
2017-05-09 20:13 ` Gregory Maxwell
2017-05-09 20:58 ` Sergio Demian Lerner
2017-05-10 5:37 ` Jorge Timón
2017-05-10 14:05 ` Matt Corallo
2017-05-10 15:25 ` Sergio Demian Lerner
2017-05-10 16:39 ` Matt Corallo
2017-05-10 19:40 ` Sergio Demian Lerner
2017-05-08 23:56 ` Gregory Maxwell
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