65756756 · HackerTrans

vor 2 Jahrendiscuss

It does optimize by removing unnecessary data from the block space yes. Witness data is instead stored outside of the block, but still bound by the same rules. Segwit also introduces the concept of measuring blocks in weight units. So witness data isn't actually calculated as data consuming the block space but is calculated in the total weight unit of the block. It is also important to note that witness data is also limited (4 million weight units per block)

65756756

vor 2 Jahrendiscuss

Not at all. He forked an altcoin that was already a fork of Bitcoin. Bitcoin Cash was the name, and he forked it into Bitcoin SV. https://en.wikipedia.org/wiki/Bitcoin_Cash#2018_split_to_cre...

To understand why Bitcoin's entire goal is to maintain security of its ledger. Increasing the block size means less people can download the ledger and verify it, since it takes up more space. This is seen as a risk to the security of the ledger and any change to the block size should be avoided. Instead it is better to optimize for the space already available (Segwit is an example). Bitcoin Cash is a fork that disagrees with this opinion and has a bigger block size.

Craig Wright spun off Bitcoin Cash into Bitcoin SV with a massive (128mb per block) size. It is easy to monitor network performance and see both of these networks under preform against Bitcoin. These cryptocurrencies serve as a way for Craig and the other crypto grifters to pad their bags. If you held Bitcoin at the time, you got the same amount "airdropped" on the forked chains represented in their blockchains tokens. This means that once the crypto currency goes live on any exchange you can immediately dump for profit and no real risk.

All he is doing is finding a contentious issue, digging in and marketing his own solution without understanding any of the engineering philosophy in order to exploit and extract money from people in a loosely regulated market.

Hope it truly catches up to him some day.

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