if core removed the wishy washy witness scale factor *4, guess what
1. both legacy and segwit transactions can in full non stripped format all happily utilise the 4mb 'weight'
2. both legacy and segwit transactions would both be 25 cents. yep cores code makes legacy 4x more expensive. not discount segwit by 75%(thus code counters their PR adverts)
Wishy washy? Wasn't stripping the witness data from the middle to the end of a block allowed more transactions to fit in a block, and wasn't it to fix the malleability issues?
Gaslighting again?
"gaslighting" new buzzword this month?..
whats next? "conservative".. "ad-hom".. yea certain buzzwords start circulating in a certain group of people, which just shows they only fed off each other in an echo chamber
keeping the 4mb and removing the witness scale factor would actually allow MORE transactions per block
as for malleability. pfft
its more for a new TX format that is compatible for LN
funny part a 2-in-2out tx of legacy vs a 2-in-2out tx of segwit.. legacy uses less actual bytes on a hard drive.
(but shhh dont tell them that. they still think stripping blocks and not validating signatures and not relaying every tx is ok)
another funny part. new/re-activated opcodes can re-introduce malleability. but thats for another topic
did you know that core could code many things. including a fee priority formula that charged people that re-spend funds more than once a day with a higher fee, thus a tx that has more aged utxos getting a lower fee.
Are you talking about a fee market? That makes it reasonable considering the limited size of each block.
But the "more aged UTXOs getting a lower fee" as a result does not sense. Can you explain why?
years ago there was a fee priority formulae..
refer to that and you will learn about "coin-age"
now imagine instead of just fee= byte*feeperbyte
but instead something like
fee= (byte*feeperbyte) * (144/coin-age)
so if a coins age is 1 confirm. 144/1=144, meaning the person pays 144x more
so if a coins age is 72 confirm. 144/72=2, meaning the person pays 2x more
image a current fee of 1satper byte. and a tx of (not exact) 250 bytes
confirms 1 6 72 144
price 36000 6000 500 250
now would you spam the network every block if it cost you 36000sat a time. or just use the network wisely for a couple purchases a day far cheaper
if you do the math you will find is a tx had just 1 confirm, but was ignored in the next 6 blocks.. the fee is already set-in as 36000. so when at the 6th block. it would then appear as a premium compared to fresh tx's wrote with a fee of 6 confirms(6000sat).
that way pools can also tell not just by time stamps. but by fee which deserve priority and would be more considered as its more profitable to accept them.
after all right now if everyone just paid 250sat.. because everything is just sat per byte.. there is no "priority". so a tx could sit in mempool for hours and have no better placement than someone who just made a fresh tx a minute ago.. as the amounts thy both pay right now are the same.
yep. bitcoin is code and MANY things can be done. but core pretend only 2 things can be done... hense their false narrative of
"gigabytes by midnight or LN"
What would be your ideal Bitcoin? Is it still Bitcoin Cash? You were debating for Roger Ver's narrative not too long ago.
no i was not. but seems your buddies have been telling you if people dont love core they must love cash.. (facepalm)
thats the narrow minded view of the kardashian drama.
my view is NOT network X monarchy by team A or F**k off to network Y
my view is network X that has MANY diverse teams that use consensus and all contribute and compromise until an agreement can be made of essential stuff all can generally agree on
EG
not 1mb or "gigabytes by midnight" false choices.
but consensus and compromise of 2-4mb which everyone can generally accept. (without the wishy washy bypass crap of 4mbweight limited by witness scalefactorx4) thats not actually a full utility of 4mb for all tx formats