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BTC116: Bitcoin Ordinals and NFTs on Layer 1 of the Protocol w/ Pierre Rochard (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
SegWit Update
Before SegWit, a transaction would have the input. It would have the scripts and the signature. And then it has the output. These were one megabit blocks prior to SegWit. With SegWit comes along and we increase this to four megabytes with three megabytes being the witness data and one megabyte being the input and the output. So in that one megabyte input output portion of every block, you're saying that the input now has an unbound amount of data. In practice, a taproot input can take up a whole block. But the block size limit is still there. There's no limit at the input or transaction level,. meaning that one of
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