Why discount?

The Witness discount The figure checkpoint will be discussed in the “weight of the information” – the destination of the data containing property used to prove property. The segmentary certified witness certified in 2017 (Segwit) was renewed, this discount was effective as a result of segwit transactions to calculate the number of Witnesses.

In simple terms, the data of witnesses can discount 75%, and therefore, he believes that it calculates the size of it only in determining howas their place in space. This allows you to carry out more operations to the operations of one block and reduce the cost-enabled wallet.

But why is the witness discount first? What is the meaning of making these special treatment? The answer is the need to increase the need for a long-term distribution of Bitcou and the need to increase the capacity of the sector, without filling out transactions. In this article, we are Jehovah’s worthy of Jehovah’s worth and how he works, and why this is a matter.

The key

• Witness discount: A discount applied to the amount of “witness” (or signature) to the size of the Beatkoin transaction.
• Segwit part: Witness discount, this is part of a bitkow block (Segwit) (Segwit) (Segwit).
• Disgust: This will allow Bitcoin to operate more operations.

The purpose of the witnesses

The decrease in the Witnesses, as part of Segivit, was included as a great renewal to the Bitcoin protocol, which divided the transaction into both parts: main transactions data and the data (mainly sized signatures). The meaning of the Witnesses, “discount” was given before looking at its total volume.

Bitcoin block in front of Segivit is credited in 1MB. With the use of a low weight “weight” by the weight “weight” by using a low “weight”, it works more transactions to several transactions, without more transactions.

The cheap of witnesses will achieve a key target: it allows you to comply with the block in maintaining conformity to advanced knives.

How does it work

When Bitcoin transaction is formed, the main elements of that transaction are a bitcine amount and the attracted addresses are recorded. However, there is another component called the Witness, and he keeps the signatures that translate Bitkou.

• Pre-followed: Before segit, all parts of the transaction were treated equally on the block.
• Next next: After Segvert, the Witnesses data (signatures) kept the data data separately. This division allows you to adapt to the block, as the Witnesses data provide an effective 75% discount defective to low weight. It is only a transaction that will take it before, says 300 bath, now contributes to the overall weight of that volume.

This reduces fees for users who choose the developed wallet, as it is calculated based on the virtual size of the transaction calculated on the virtual amount of payments.

History and justification

The story behind the roots of the Witness Volume icon 2015-2017. At that time, the Bedkoin community began to intense debate about how to raise the industry. The largest block size allows you to perform more operations in a single block, but it was controversial to direct increase in the block. This sector is more difficult to disseminate the network for acne, dissemination and storage and storage and storage and storage of larger blocks.

SegwitPeter Wuille was presented as a compromise as compromise. He did not demand hard tore, but turned to the problem by creating a “effective” block space. The cheap of witnesses was important here. Explain the Witnesses’ data, Segivity expands the number of transactions that meet the block in maintaining the conformity.

In simple terms, Segivit allowed Beatkoin to allow Bitkoin to eat it: a lot permitted to exacerbate.

Right and Consignment

Pros:

1. The efficiency of the block has increased: The cheap of witnesses allows a block to carry out more operations, increasing Bitkoin’s block size, and returns it back to unrealized glands.
2. Low payments for Segwit users: Since the weight of the Witnesses have been given to a small weight, the amount of segital transactions have shrinking, it is low to users that is low for transactions for transactions.
3. Advanced security: Segwit solves the transcript of transactivation, especially in Bithkoine transactions, especially for second-layered solutions such as lightning branches.
4. Heavy shot is improved: By making information on each transaction, the witness improves the shigpone of the branch of the Bitkoin industry.

Cons:

1. Complexity: Implementation of segivism, including the cheap of witnesses, as well as several constituencies in some services in some services in some services.
2. Not fully accepted: When the cheap of witnessing the cheap of witness to Segwit, the exchange of the exchanges with the wallet indicates that the exchange of walks and the exchange of it is slow and that their benefits are not in a hurry.

Increasing the scope of witnesses and the size of the block

One of the main controversy in BITCOIN is one decision to increase the solution of the block or make a decision as indirectly, and if you can make a decision such as segivat, it can indirectly increrate. So how is the loss of witnesses in order to raise the volume of the block?

Increase the volume of the block:

• Directly increase the number of transactions holding a block.
• It carries its burden on nodes that require more storage and conducting the network.
• Requires a hard loss of the industry (excluding the cash of a bitky).

Witnesses discount (Segwit):

• This result will result in (increase the transmission capacity) is no hurricane.
• Reduces transaction expenses to Segivit users.
• If they do not spread additional burdens on the nodes, to make it a permanent long-term long-term.

In fact, the disappointment of the Witnesses is achieved by the decentralization of Bitcoin, without distinguishing the main loop of the industry, the design philosophy of the industry.

Frequently Asked Questions (FAQ)

Why is the 75% discussion?

75% of the Witnesses discount, because the data containers contain the digital signature, which contains digio set of UPXO set of the site, which should be permanently permanently. This information will have a low impact on net resources compared to non-witness, because it is required only for the transaction check.

With Segwit Upgrade, the volume of transaction is measured by weight units, not by the weight unit (WU). Non-Witness information 4 Wu is weighed 4 Wu, and the Witnesses are informed of the Witnesses 1 Vu – 1: 4. This certificate information is estimated at 25% of the initial volume, and 75% discount occurs as a result.

The weight of 1: 4 Weight 1: 4 Weight enhances the activities of Bithkine without dependent on the operation of a Bitcoine, without a dependentize, without a dependentize the hargizing of bitkine.

The cheap of witnesses is bigger blocks?

Yes, in practice, Segwit blocks may be larger than Segwite 1mb Block. However, the block conservation of the bloc, segic blocks, so it is effective in conservation of many transactions, it does not consider a block.

If I don’t use segibit, what happens?

Non-segic operations do not benefit from witnesses, and therefore they will take more in the block and usually have high payments. However, they still have a full valid and can be processed by the network.

Is the Witness discount?

Now there are no plans for a witness discount. This is a critical part of the Bitcoin distribution strategy and is considered success in improving the efficiency of industry and improving the safety of the industry.