TIL: Segwit is a 54% capacity increase at a cost of 86% larger blocks -johoe

http://bit.ly/2gwDuvo

Realistically the capacity increase (with P2SH) is 54 % at a cost of about 86 % larger blocks

And

http://bit.ly/2fpMM0e

What is really ironic is that I never found an explanation for the 2.1 MB figure. This medium post mentions it without explanation. My own computation show a bit more than 1.8 MB, definitely less than 1.9 MB. And more like 1.5 MB when we still use p2sh segwit addresses. So 1.7 MB is closer to the truth than 2.1 MB.

Admittedly, even with p2sh segwit addresses, the blocks can be 1.8MB with the current mix. It still only gives 50 % more transactions, though, because the transactions are a bit bigger.

With spreadsheet http://bit.ly/2gA8YSs

Submitted November 28, 2016 at 07:33AM by r1q2 http://bit.ly/2gN7dEo