The real reason so many miners oppose segwit (reddit.com)

Like most things in life, it all comes down to money. Put simply, segwit paves the way for lightning network, and lightning network takes money away from miners. It does that by creating a layer 2 network of payment channels that compete with the layer 1 transaction fees that miners rely on to pay for their equipment and electricity. With LN, anyone with a decent supply of Bitcoin can open payment channels and earn transaction fees that would have otherwise gone to the miners. Miners don’t…

Bitcoin

Reason behind including the nonce in the block header?

I’m wondering why the nonce is included in the block header, and thus in the prevBlockHash of the subsequent block, etc. What would break if you didn’t do that?

It seems to me that you would still be (a) able to validate the block, and (b) unable to mess around with the transactions in the block, because that would modify the hashMerkeRoot field, and thus render the block invalid.

Recent Questions – Bitcoin Stack Exchange

Maybe the greatest gift and the most important that Satoshi(and possibly company) left was the fact of a true figure headless payment system that can't be rolled back or threatened to be rolled back due to bias or whatever else nightmare of a reason. (red

Maybe the final bolt in the grand Bitcoin design was the missing element of a central point of coersion. I like Vitalik, he’s a rad guy and a little brainiac genius. I do however question his ties TO Ethereum and the very meddling in the affairs of bad actors upon the system he created. It’s a great philosophical quandary to ponder and maybe that is the one factor that separates bitcoin from ethereum and some others that have obvious central leaders in development. Bitcoin is harder to…

Bitcoin