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Author Topic: The real size of SegWit2x blocks?  (Read 426 times)
OmegaStarScream (OP)
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July 17, 2017, 05:14:19 PM
 #1

The title says it all, the way I understand it is that SegWit2X is SegWit then the block increase comes after a few months, 2mb blocks instead of 1mb. In the other hands, isn't SegWit alone supposed to make the block like 2.3mb technically? I saw some people saying that Luke Dashjr call it 8mb as well (and not sure why) so I'm a little bit lost.

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Variogam
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July 17, 2017, 05:26:46 PM
 #2

SegWit2X weight is 4mb when activated and become 8mb after 3 months. I guess Luke-jr calls Segwit 4mb then
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July 17, 2017, 05:43:34 PM
 #3

Quote
isn't SegWit alone supposed to make the block like 2.3mb technically?
I think it makes the blocks able to store closer to what would take 4MB in the past.
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July 17, 2017, 05:50:49 PM
 #4

Won't matter because most people wouldn't use segwit addresses since they are unsafe. Segwit is a disaster.

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July 17, 2017, 06:04:01 PM
Last edit: July 17, 2017, 06:29:00 PM by franky1
 #5

The title says it all, the way I understand it is that SegWit2X is SegWit then the block increase comes after a few months, 2mb blocks instead of 1mb. In the other hands, isn't SegWit alone supposed to make the block like 2.3mb technically? I saw some people saying that Luke Dashjr call it 8mb as well (and not sure why) so I'm a little bit lost.

segwit activation alone means base block is 1mb... and while the segwit keypairs remain UNAVAILABLE(yep wont be available untill well after activation) the witness are remains unused.. so total serialised weight is 1mb max

later segwit keypairs gets released and a onslaught of people moving funds to segwit keypairs (addresses beginning bc1) which starts using a bit of the witness area, meaning
if 10% of the base block is segwit (bc1 addresses) then witness area becomes ~0.1mb making total serialised weight is ~1.1mb
if 100% of the base block is segwit (bc1 addresses) then witness area becomes ~1.1mb making total serialised weight is ~2.1mb

if segwit2x (the 2x part(2mb base)) activates 3 months later meaning the base block moves to be able to be 2mb max

then depending on how many transactions in the base block are bc1 based(segwit keypairs) then decides how much of the witness area is used. which then determines how much full serialised data it really consumes



the reason for the '4mb' weight (pre2x(2mb base)) and '8mb' weight (post 2x(2mb base)) is that thise 4/8 numbers are mainly 'buffer' space like having a 1tb hard drive but only ever using 500gb

the stats of average real transaction utility during the pre2x period, and IF 100% of base block transactions are segwit.. is 2.1mb serialised data, the spare 1.9mb will probably be used for crap like gmaxwells CT pederson commitments (confidential transaction bloat)


the stats of average real transaction utility during the post2x period and IF 100% of base block transactions are segwit.. is 4.2mb serialised data, the spare 3.8mb will probably be used for crap like gmaxwells CT pederson commitments (confidential transaction bloat)

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July 17, 2017, 06:24:27 PM
 #6


Explained nice and without so many technical terms:
https://medium.com/@jimmysong/understanding-segwit-block-size-fd901b87c9d4

I really think we should have sticky subject about segwit eather than a "be prepare warning".

Won't matter because most people wouldn't use segwit addresses since they are unsafe. Segwit is a disaster.

Want to bet on it?
https://www.betmoose.com/searchBets?tags=segwit

Put your money where your mouth is

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franky1
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July 17, 2017, 06:42:33 PM
 #7


Explained nice and without so many technical terms:
https://medium.com/@jimmysong/understanding-segwit-block-size-fd901b87c9d4


the article does not explain the reality of people actually using segwit keypairs. as many people dont realise its not default/automatic at activation for keypair utility

its easily like saying multisig has been around for years but how many people use multisigs
or easily like saying vanity addresses have been around for years but how many people use them

its not automatic at activation that everyones funds suddenly become segwit funded addresses.. it involves people moving funds over to these keys and only using these keys for it to do anything..

but as i and the article meanders.. if 100% of transactions were segwit keypair then pre 2x activation.. expect around 2.1mb weight as a high
suggestion..

..
the article does not also highlight the malicious legacy spammers hindering segwit hopes. as segwit utility does not fix/prevent old legacy spam. it just tweaks things for those using segwit keypairs

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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