Best take as far as I understand Bitcoin atm. @Jack K it would be great to see your recent replies on Nostr to be turned into articles and videos. View quoted note →

Ok, SegWit discount is unethical as it doesn’t price all bytes equally. Is that what people would agree on?

SegWit allowed to apply 22 tons of mass equivalent over Bitcoin chain. Read:

The 0.75 MB Gap — ARTEL 21

@Jack K @The Bitcoin Lens @npub1j9m7...69fz @LaserEyesPsy @Tauri | Bitcoin (XBT) #bitcoin #segwit #physics

The problem with SegWit is 0.75 MB Gap. Effect is the effect. Write a 1 MB inscription, pay for 0.25 MB, externalize the difference to every node on Earth, forever. You can clearly see the effect of this on the graph. More bytes per satoshi committed since 2017. Read:

The 0.75 MB Gap — ARTEL 21

"The gap. The writer paid for 0.25 MB. The network stored 1.00 MB. The 0.75 MB in between is uncompensated. It is not paid for by the writer's fee. It is not paid for by the miner's revenue. It is not priced anywhere in the consensus rules, the fee market, the wallet UI, or the block explorer. It is paid for, in storage and bandwidth and validation cost, by every full node operator who has ever run Bitcoin Core, present and future, in perpetuity." @Jack K @Tauri | Bitcoin (XBT) @Michael Dunworth @FreedomMoneyIsFuture #bitcoin #bip110 #segwit