Replying to Avatar Fierillo

With all the Ordinals/Inscriptions polemic the flaws of segwit come to light.

I understand that with segwit discount removal the incentive to decrease the UTXO set disappear but currently the UTXO set is increasing and only weight about 5 GB

I dont think this compensate the unfairness of upload a dick pic with a 75% discount.

Also i understand the malleability problem but if my knowledge is right this problem is ECDSA based and thanks to taproot upgrade we started to use schnorr signatures so the malleability problem is not an issue anymore.

So the segwit discount becomes even more unnecesary.

I dont care about the ordinals, i think that in a permisionless network everybody can upload the info that want if pay the price, my problem is there is some data that gets 75% discount and thats unfair.

What do you think?
Avatar
Jonny Ji 2y ago

I think you are right, one of the fundamentals in Bitcoin is resistance to censorship, the solution to the Ordinals cannot be to censor the Tx, but consider whether to continue applying a discount to Sewgit, it would be a solution that everyone could accept, Although the discount is not for the ordinals, the discount is for everyone who uses Segwit, it's just that they take better advantage of it by making heavier transactions.

Reply to this note

Please Login to reply.

Discussion

No replies yet.