4 ms·
From what I hear, this update make bitcoin no longer decentralized. Is Segwit centralized?
by SparkyMcUnicorn 9y ago
From what I hear, this update make bitcoin no longer decentralized. Is Segwit centralized?
- uncletaco 9y agoSegwit just separates (segregates) out the transaction data from the signatures (witnesses). The "centralization" talk stems from worries about the Lightning Network, but the "centralization" idea is a fair bit more nuanced than that.
- jstanley 9y agoSegWit is not centralised, at all. It's just a way of separating signatures from transactions so that they can be stored more efficiently, and accounted for more accurately.