Craig Wright on “The Risks of Segregated Witness: Opening the Door to...

Craig Wright on “The Risks of Segregated Witness: Opening the Door to Mining Cartels”

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Source:Source: news.bitcoin.com

Written by Dr. Craig Wright.

The bitcoin community continues to debate Segregated Witness, the Bitcoin Core development team’s proposed scaling solution which would separate signature data (witnesses) from transaction data. There are numerous risks with SegWit, but one in particular needs more attention: SegWit opens the door to methods of collusion and mining cartels which could undermine the bitcoin network.

Also read: Why Segregated Witness Will NOT Decrease the Memory Burden

Read More https://news.bitcoin.com/risks-segregated-witness-opening-door-mining-cartels-undermine-bitcoin-network/

The post "Craig Wright on “The Risks of Segregated Witness: Opening the Door to Mining Cartels”" appeared first here news.bitcoin.com

Source: news.bitcoin.com

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