buck on Nostr: By the way, do you know why there’s a witness discount? One reason was to encourage ...
By the way, do you know why there’s a witness discount?
One reason was to encourage migration to segwit. That was desirable. It came with tradeoffs but probably still worth it.
Second reason is because the witness doesn’t need to be persisted by all nodes. So this is actually better for those that don’t want to persist inscription data on their node.
Published at
2023-04-22 03:16:42Event JSON
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"content": "By the way, do you know why there’s a witness discount?\nOne reason was to encourage migration to segwit. That was desirable. It came with tradeoffs but probably still worth it. \nSecond reason is because the witness doesn’t need to be persisted by all nodes. So this is actually better for those that don’t want to persist inscription data on their node.",
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