[bitcoin-dev] Block size: It's economics & user preparation & moral hazard

sickpig at gmail.com sickpig at gmail.com
Fri Dec 18 10:13:33 UTC 2015


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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