Thursday, November 7, 2024

segregated witness – What are the primary benefits/functions of SegWit immediately?

I’m presently studying about SegWit and making an attempt to know what it’s used for. It’s clear to me that it was primarily launched to beat txid malleability, however…

Taking a look at this query and the reply appears to be like like Bitcoin, by updating the best way that Bitcoin script works, disabled the txid malleability even with out SegWit. So you possibly can now not add further content material to the script, maintain it legitimate and have a distinct ID. So, txid malleability will not be anymore doable, not simply via utilizing SegWit, but additionally through the use of legacy transactions (P2PKH) and the unlocking script area. Within the first reply to the referenced query, Antoine Poinsot additionally talks about third-party malleability, however as he mentioned, SegWit will not be the answer for that, so it may well’t be the aim of why SegWit is used immediately.

So if overcoming txid malleability, as the primary motive why SegWit was launched, is now not the primary benefit of SegWit (because it can be overcome with out SegWit), what’s?

One benefit/objective, I’d say, could possibly be that there’s a sign of the model of the script getting used, in order that the script language may be prolonged very simply.

What are the opposite benefits/functions of SegWit immediately (not simply immediately, however typically)?

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles