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2026-06-26 02:55:46 UTC
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Jackk on Nostr: Just seeing this now btw. A Segwit block: 1 block^2 = 4MB/block = 16MB^2 Satoshi’s ...

Just seeing this now btw.

A Segwit block:

1 block^2 = 4MB/block = 16MB^2

Satoshi’s Block:

1block^2 = 1 MB/block = 1 MB^2

It appears we have inflated time by 16x in memory^2 terms by increasing the blocksize from1MB to 4MB. I am trying to conceptualize what this means.

I think we have fucked up so bad. Add in the discount so 1 bit ≠1 bit. Segwit was seemingly a terrible decision. This is why spam is not being priced out and chain growth is out of control. Op_Return simply revealed the symptom so we could clearly see the root.

What do you make of this observation?