witness discount

Also: witness subsidy

SegWit's 4× weight reduction on witness data. BVT reads it as a price subsidy, not a capacity increase: the same scarce bytes sold at a quarter of the price through one door. Bytes ÷ vbytes measures how much of it a protocol takes.

Used by: block.space

Used on #

• What is the witness discount?
• Why does block.space count bytes and not vbytes?
• The witness discount
• BTI, the Blockspace Token Indexer
• The witness discount
• Omni
• Ordinal Sats
• Runes

Sources #

1. Blockspace Value Theory · block.space/docs/bvt
2. block.space docs: data types · block.space/docs/datatypes
3. block.space docs: measurements · block.space/docs/measurements