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The Witness Discount

[yesterday 10:26 PM] Bitcoin Magazine The Witness Discount The witness discount refers to the reduction in data “weight” given to the witness portion of a Bitcoin transaction — the part that contains the signatures used to prove ownership. Implemented as part of the…

The Witness Discount: Why Some Bytes Are Cheaper Than Others

[Dec 18, 2023 11:09 AM] This year has seen a massive upswing in demand for the limited space available within bitcoin blocks, leading to higher fees for on chain transactions. Much of the demand is for transactions revealing inscriptions. The contents of these…