On Sun, Jan 14, 2024 at 10:21 AM Greg Tonoski via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote: > > > Price of blockspace should be the same for any data (1 byte = 1 byte, > > irrespectively of location inside or outside of witness), e.g. 205/205 > > and 767/767 bytes in the examples above. > > > > "Should" ... to what end? > > "Should" in order to avoid hazard of centralization. A single bidder > who takes advantage of "buy 1 get 3 megabytes free" may outcompete a > number of individuals whose simple transactions recieve > anti-preferential treatment - "buy 1 get 0.33 megabytes free" in > aggregate. There is the illustration at: > "https://gregtonoski.github.io/bitcoin/segwit-mispricing/Comparison_of_4MB_and_1.33MB_blocks_in_Bitcoin.pdf";.
It is not sufficient to be a centralized sender to utilize this advanage. The sender has to store data in the blockchain which itself is not the best utilization of money, even given the discount. Also what is the danger of centralization of such senders? The dangerous centralization is the centralization of real bitcoin sending, which has already happened - exchanges utilize batch transaction sending, saving on fees over a regular bitcoin sender, because they avoid change creation. This has nothing to do with witness discount, though. > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev -- Best regards, Boris Nagaev _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
