Given all the complexities involved, Segwit was an ingenious way of avoiding a Hard Fork, improving the Bitcoin network and maintaining network/coin value. In my opinion, maintaining the original network as much as possible has an intangible value that is embedded in todayâs price. What that exact amount is? I really canât say, but when an average investor comes to make a decision Iâm betting that the original coin is where he leans to because it is (in his consideration) the real one.
The Segwit solution, in my opinion, was the best solution. Given the expansion to layer 2 programming (smart protocols) and the implementation of Segwit, it deserves a lot of respect to the time and effort that the community invested in maintaining the current highest performing asset class.
From the solution of the initial issue (Block size) to the solution of other network flaws (Transaction Malleability), Segwit has maintained the Bitcoin Network for its current advancement and our global digital asset adoption. If not for maintaining Bitcoinâs dominance, all other digital assets (coins, tokens, NFTs, etc) would not be a casual conversation to date.