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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.

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Coinbase’s lack of clarity over SegWit2x has resulted in Charlie Lee giving an unofficial forecast and users creating a petition.

Coinbase SegWit2x Silence Sparks Charlie Lee Forecast, User Petition

2017-10-03T08:43:00+01:00

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Charlie Lee, the creator of Litecoin, former executive at Coinbase, and a long-time supporter of Bitcoin, has expressed his concerns over SegWit2x.

Litecoin Creator Charlie Lee Publicly Opposes SegWit2x

2017-09-28T19:10:00+01:00

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Good news for SegWit, as Charlie Lee manages to perform first On-Chain Atomic Swaps.

SegWit: First Steps To Ecosystem

2017-09-24T16:55:00+01:00

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The Miami real estate industry is gradually embracing Bitcoin as realtors realize the merits and advantages of utilizing the Bitcoin network to facilitate the t...

Why Real Estate Industries in Miami and UAE are Embracing Bitcoin

2017-09-21T19:45:00+01:00

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Bitcoin’s scaling crisis was one of several things Satoshi and earlier Bitcoiners never anticipated. Here’s how that 1 MB blocksize limit got put there.

Satoshi’s Best Kept Secret: Why is There a 1 MB Limit to Bitcoin Block Size

2017-09-19T11:40:00+01:00

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Cambridge University has put out a study on cryptocurrency that provides information on exchanges, wallets and mining.

Key Findings From Cambridge Cryptocurrency Study

2017-09-18T18:40:00+01:00

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SegWit2x is about more than scaling, it’s about maintaining trust so that future crises can be mitigated

Opinion: Collapse of Bitcoin’s “New York Agreement” Would Have Long Term Consequences

2017-09-16T09:20:00+01:00

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When most people are bullish on Bitcoin and it has become a crowded investment, is it a good time to short Bitcoin?

Bitcoin One of Most Crowded Trades: Wall Street Survey

2017-09-13T11:10:00+01:00

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