The voracious debate over bitcoin’s scaling issue may soon be over, following reports that miners are now signaling more for the Segregated Witness (SegWit) scaling solution than the Emergent Consensus. But is SegWit the solution everyone is looking for, or will it end in even bigger—legal—problems for the community?
Proposed by Bitcoin Core developers, the main goal of SegWit is to send transactions off-chain and onto second layers like the Lightning Network or sidechains. SegWit has already drawn a lot of criticism over its use of a 1:4 ratio, which some miners pointed out as a political decision that will bind bitcoin’s trajectory for years regardless of technical factors.
But it doesn’t stop there, because according to one expert, SegWit’s technical changes could also pave the way for legal issues.
Jimmy Nguyen, chief intellectual property, communications and legal officer for technology research and development firm nChain, wrote an op-ed piece on CoinDesk, in which he raised the “significant risk” that an activated SegWit will bring in the legal system.