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Today’s topic is a touchy subject for anyone who’s been in Bitcoin for the past decade.

Eight years ago exactly, a key voting threshold was met that would lead to the official adoption of Segregated Witness (SegWit), a backwards-compatible scaling upgrade that had been in the pipeline since late 2015.

SegWit would make it technically possible to fit up to 4MB of transaction data within Bitcoin blocks by separating out related witness data into a different construct. A neat workaround to spiritually stretch the block-size limit beyond the Satoshi-imposed 1MB.

Miners had been required…

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