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SegWit News

Segregated Witness or SegWit is a soft work protocol that changes the method of storing data. It was presented in December 2015 by Pieter Wiulle as a solution to Bitcoin’s scalability problems.
The core concept of SegWit is a segregation of the digital signature from the transactions data. As the digital signature is 65 percent of transaction, removing it from the data will increase Bitcoin’s blockchain maximum size from 1MB to a little under 4MB. SegWit could also help with fixing a bug called “transaction malleability,” which is when anyone could change some small details and modify the transaction ID. This bug prevented the development of new features for Bitcoin.
Segregated Witness was activated on August 24, 2017. Still, not everyone who accepts SegWit as Bitcoin can still work using the old protocol. Only around 30 percent of transactions are using a new format at the day of writing this article.

Top News

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Jeff Garzik has gained his own imitation account criticizing his support of SegWit2x.

Jeff Garzik SegWit2x Bitcoin ‘Upgrade’ Comments Spark Trolling Campaign

2017-10-09T16:15:00+01:00

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Bitcoin is enjoying a resurgence ahead of two hard forks while altcoins lose momentum.

Bitcoin: $4600, 50% Dominance, Forks Leave Altcoins No Room For Moon

2017-10-09T09:55:00+01:00

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SegWit2x seems imminent as major exchanges offer guidance on what to do before it

Bitcoin Exchanges Coinbase, Bitfinex Issue Guidance Before SegWit2X Hard Fork

2017-10-07T18:13:00+01:00

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Cryptocurrency exchange service ShapeShift.io has publicly confirmed its support of SegWit, while avoiding reference to the SegWit2x hard fork.

Bitcoin Exchange ShapeShift Stands Among ‘Biggest’ SegWit Centers But Stays Quiet On 2x

2017-10-06T11:25:00+01:00

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Bitfinex is repeating its CST token-style futures betting, letting users approach SegWit2x the same as Bitcoin Unlimited.

Bitfinex Tokens Let Users Hedge Bets On Bitcoin SegWit2x Hard Fork

2017-10-06T08:55:00+01:00

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Four months after Bitcoin Cash fork, another is coming. But this fork poses no threat to the network.

Will Bitcoin Gold Return Power to Ordinary Users?

2017-10-06T00:40:00+01:00

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China, Korea and Jamie Dimon are giving way to SegWit2x in the battle of the Bitcoin prices.

SegWit2x ‘Maximum Disruption’ Could Be Sending Bitcoin Towards $4000

2017-10-04T13:50:00+01:00

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SegWit2x has galvanized the Bitcoin network as Core nodes increase by almost a third in two months.

Bitcoin Core Nodes Spring Up 30% As SegWit Takes 7% Of Transaction Pie

2017-10-03T13:40:00+01:00

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