Post
Topic
Board Bitcoin Discussion
Re: Last Time. In small words. Why 2MB impossible. Why Soft Fork. Why SegWit First..
by
The One
on 02/05/2017, 21:40:08 UTC
Proposals like Lerner's  "Segwit2MB" would activate the 2 MB hard fork after the activation of the Segwit soft fork. Maybe Lerner's 6 months (if I remember right) as "grace period" is too short because maybe until then most people would still use legacy transactions, but 1 year would be surely enough. We would then activate Segwit in mid-to-late 2017 and 2MB in mid-to-late 2018. Jihan as far as I remember mentioned the Hong Kong Agreement several times, so he should be happy with this solution.

segwit as a hardfork requires everyone to upgrade node.
but here is the thing.. native key users dont have to move funds to segwit keys.

what happens in reality is that instead of 2 merkle (block inside a block)..
its just 1 base block where the witness and txdata sit together.

and simple ALL share the same room.

its not
base 1mb           || witness <3mb  ||
[IN] [SIG] [OUT] ||                      ||  - native
[IN] [OUT]         ||[SIG]               ||  - segwit

it is
base 2mb
[IN] [SIG] [OUT]                          || - native
[IN] [OUT][SIG]                           || - segwit

thus both tx types benefit and coexist in the same area with no stripping (filtering/bridging) data.. blocks are the same for all nodes of the network because they all upgraded to just the 2mb hardfork

Surely 4mb would be better?