Posted by sjors
Sep 9, 2026/16:01 UTC
The proposed prototype introduces a new Segwit version aimed at enhancing security and efficiency in blockchain transactions. Detailed on GitHub, the approach involves an annex that starts with a block height, serving as a commitment. This mechanism commits to the block hash implicitly and requires only an additional 1.75 vbytes per transaction. The design mandates that the committed height be at least 100 blocks prior, aligning reorg-safety with the standards of coinbase maturity. This setup avoids problems related to free relay and mitigates risks associated with short-reorganization bribes.
The unique aspect of this system is its reliance on implicit commitments, which complicates efforts by any adversarial group to weaken the rules, as they would need access to headers from the opposing side. To integrate smoothly with existing protocols, it's suggested that this new SegWit version could accompany other proposals requiring updates, such as BIP 460 CISA or potentially BIP360 with modifications like P2TRv2. These changes are strategically advantageous, particularly in light of expected controversies regarding the disabling of quantum-unsafe spending paths.
Moreover, this proposal acknowledges the reality of occasional frivolous hard-forks, which are typically overlooked by majority hash power and economic nodes. By allowing for experimentation within these less impactful forks, there's an incentive to transition to quantum-safe output types sooner—this is especially relevant for entities less concerned about Composite Residue Class Quantum Computers (CRQC). Overall, while avoiding blockchain splits remains highly preferable, the proposed method offers a safer alternative for fork implementations, balancing innovation with security considerations.
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Aug 9 - Sep 14, 2026
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