The benefits and limits of segregation in Ethereum
Ethereum’s segregated witness function (Segwit) has revolutionized the way we process transactions, improving the speed and efficiency of the network. One of the key advantages of Segwit is its ability to manage 100%segWit transactions, which significantly increases the maximum number of possible transaction confirmations on a block.
maximum number of transaction confirmations with 100% segwits
With 100%segWit transactions, each transaction in a block will be verified and included in a new block without any additional confirmation. This means that each transaction can be confirmed immediately after it is added to the blockchain, with consequent maximum number higher than possible transaction confirmation on a block.
To give you an idea of what it means, we consider some approximate estimates:
- Without Segwit (100%segWit), each transaction would need 10-20 confirmation steps to be included in a new block. This would entail about 10^4 – 10^5 confirmations per block.
- With 100%segWit transactions, each transaction can be confirmed immediately after it has been added to the blockchain. This means that there are no further confirmation phases necessary for each transaction.
To put it in perspective, we take on an average size of about 1 MB and a 10 -second blocking time. Based on these assumptions, we can estimate the maximum number of transactions that can be included in a block:
- Without Segwit: about 10^6 – 10^7 transactions per block (based on 10-20 confirmation steps)
- With 100%segwit: about 10^8 – 10^9 transactions per block
How many utxos can be updated by a block full of segwit transactions?
Utxo updates, also known as “updating blocks” or “block updates”, refer to the blockchain update process with new blocks containing Utxos updated (transaction outputs not spent). With 100%segWit transactions, each transaction can be included in a new block immediately after it has been added to the blockchain.
This means that each UTXO update within a block can be included without further confirmation or processing steps. Therefore, the number of Utxos that can be updated by a block full of segwit transactions would depend on the total amount and complexity of the updates in that block.
By assuming an average block size of about 1 MB and a 10 -second blocking time, we can estimate the maximum number of UTXOS which can be updated per block:
- Without Segwit: about 10^5 – 10^6 utxos
- With 100%segwit: about 10^6 – 10^7 utxos
In summary, with 100%segWit transactions, the Ethereum network can manage a significantly higher number of transaction confirmations on a block and also be expected that the number of UTXO UTRAXO updates will increase accordingly. However, it is essential to note that the implementation of a complete segwit support would require significant changes to the architecture of the blockchain and the underlying infrastructure.
