
Episode 72: Inscriptions
Bitcoin Explained - The Technical Side of Bitcoin
00:00
The UTXO Set Doesn't Contain Any Witness Data?
SegWid was introduced as a way to get around the block size limit without requiring a hard fork. And also, as an incentive to use SegWid, because SegWid is solving some other problems that are very expensive in terms of resources for the computer. But I don't think that's the reason it has to do with, like, if transactions get very large, you have certain things that get quadratically more expensive to evaluate. It becomes cheaper to spend coins than to create coins. So in that sense, yes, it creates an incentive to start spending coins. To start combining coins. Right. Okay. Now, I mean, I definitely remember that it was at
Transcript
Play full episode