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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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Bitwala has released its stance on the upcoming SegWit2x hard fork in response to customer demand.

Bitwala: We Will Not ‘Fork Away’ from Bitcoin Version Core Supports

2017-08-23T14:16:00+01:00

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The long-awaited Lightning Network could debut on Bitcoin as early as Tuesday, reports on Twitter allege.

Lightning Network Will Come to Bitcoin ‘From Tomorrow’: Reports

2017-08-21T09:30:00+01:00

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Seeking Alpha analyst forecasts that the “silver” in the world of cryptocurrencies, Litecoin, has the capability to become one of the best investing options in ...

Litecoin to Become One of The Best Investment Options: Geoffrey Caveney

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2017-08-20T11:20:00+01:00

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BTC.com has launched a recovery tool in mid-August 2017 that would allow holders of the new cryptocurrency token Bitcoin Cash to access and recover their tokens...

BTC.com Launches Recovery Tool to Get Your ‘Trapped’ Bitcoin Cash

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2017-08-20T10:30:00+01:00

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We will witness another Bitcoin hard fork in three months. This time it will be backed by the technical team that proposed Segwit2x.

Bitcoin Is Splitting Once Again - Are You Ready?

Anupam Varshney

2017-08-18T15:50:00+01:00

84233

CNBC has predicted Bitcoin dropping to $3,600, at which point it recommends purchasing.

Buy Bitcoin at $3,600 Floor: CNBC

2017-08-18T12:50:00+01:00

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Multiple factors have given overnight strength to Bitcoin Cash, its value increasing 75 percent.

75 Percent Increase? Bitcoin Cash Profits Big from BTC Uncertainty

2017-08-18T09:35:00+01:00

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Many industry players are expecting that Bitcoin will experience the same price growth as Litecoin following SegWit activation. Who’s ready for $8,000 Bitcoin?

$8,000 Bitcoin is Possible if it Follows Litecoin’s Post-SegWit Example

Joshua Althauser

2017-08-15T16:19:24+01:00

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