[bitcoin-dev] Capacity increases for the Bitcoin system.
greg at xiph.org
Wed Dec 9 00:23:27 UTC 2015
On Tue, Dec 8, 2015 at 11:48 PM, Jonathan Toomim <j at toom.im> wrote:
> 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
By contrast it does not reduce the safety factor for the UTXO set at
all; which most hold as a much greater concern in general; and that
isn't something you can say for a block size increase.
With respect to witness safety factor; it's only needed in the case of
strategic or malicious behavior by miners-- both concerns which
several people promoting large block size increases have not only
disregarded but portrayed as unrealistic fear-mongering. Are you
concerned about it? In any case-- the other improvements described in
my post give me reason to believe that risks created by that
possibility will be addressable.
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