roll_the_dice's avatar
roll_the_dice 2 months ago
No one *needs* the witness discount, they would just pay the same as for non-witness data. And the block size would be reduced back to 1MB.

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roll_the_dice's avatar
roll_the_dice 2 months ago
The reason it was introduced was to get an effective block size increase and incentivize utxo consolidation - which turned out to be completely wrong. The utxo set exploded instead. Oops.