Editorial 2 years ago

CoinGeek

The Real Numbers Behind Segwit Activation

It’s important to get your maths right; tricky, even boring though it may be, recent claims from a CryptoNews article have some very flawed claims. The key quote if you don’t want to wade through the whole article is this: “Alternatively stated, the activation of Segwit will likely result in a 75 percent increase on the current 1 MB block size if implemented in an optimum ecosystem.”

For a 400% increase you gain 75%. They are using one form of TX on Segwit and another on standard blocks.

A true comparison:

SegWit (4MB) –  8,865 P2PKH TX in a block

Bitcoin (4MB) –   20,940 P2PKH TX in a block

In essence, Segwit loses on a fair playing field. The graph below is TX rates if Bitcoin was maintained at a rate linked to Moore’s law vs the cap:

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Satoshi Vision (BSV) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BSV is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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