BIP110 creates a rare opportunity for bitcoiners we should take advantage of:
Unlike most consensus changes, it is extremely simple: with only 5 modified lines of code and 72 added, across 5 source c...
+1 for BIP-110.
However we think we need to revisit witness discount at the very least. Because now bytes are not priced equally. It breaks 1=1 rule of identity and distorts free fee market.
See initial proposal: https://primal.net/a/naddr1qvzqqqr4gupzps2sgvvvj475s4536lhnxc4lenw0u7aattpu5tclsrzrhgfznverqqjrgcnxxaskvc3j956rzcee956r2vty95ukzde595ersdr9xdjnswfsxgcrqze427d
Appreciate you taking a look!
However we think we need to revisit witness discount at the very least. Because now bytes are not priced equally. It breaks 1=1 rule of identity and distorts free fee market.
See initial proposal: https://primal.net/a/naddr1qvzqqqr4gupzps2sgvvvj475s4536lhnxc4lenw0u7aattpu5tclsrzrhgfznverqqjrgcnxxaskvc3j956rzcee956r2vty95ukzde595ersdr9xdjnswfsxgcrqze427d
Appreciate you taking a look!