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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.

Many in the Bitcoin community want a distributed network, rather than a decentralized one. The scalability crisis, also known as "Bitcoin's civil war" stems fro...
SegWit Locked-in, But Questions Remain About Bitcoin's Level of Decentralization
David Dinkins
2017-08-08T21:27:00+01:00
18712
A Harvard academic and Bitcoin investor has suggested the cryptocurrency could pass $100,000 in under 4 years.
Bitcoin Price Could Exceed $100,000 by 2021: Harvard Academic
William Suberg
2017-08-08T10:40:00+01:00
68414
Bitcoin fees “will only rise from now on,” Lightning Developer Rusty Russell has stated as SegWit is set to lock in.
Bitcoin Fees Will Only Rise Now: Lightning Dev Rusty Russell
William Suberg
2017-08-08T10:15:00+01:00
10861
Bitcoin price surges to new all time high just two days before the activation of Segregated Witness, markets appear highly optimistic
Bitcoin Price Breaks All Time High Less Than Two Days Before SegWit Lock-in
David Dinkins
2017-08-07T14:27:00+01:00
31626
With 2 days left to SegWit activation, Bitcoin fees are low, and BTCC’s Bobby Lee’s survey reveals 50% support for $5,000 prices.
Rock-Bottom Bitcoin Fees See Community Eye $5,000 Bitcoin Price After SegWit Lock-In
William Suberg
2017-08-07T11:09:00+01:00
7654
On August 5, less than four days after the Bitcoin Cash (BCH) hard fork, Bitcoin price surged drastically within a 24-hour period, recording a new all-time high...
Bitcoin Price Explodes to $3,212 New All-Time High, Factors
Joseph Young
2017-08-05T13:01:02+01:00
39700
Bitcoin Cash network is unstable and slow, price could crash once exchanges enable deposits
Bitcoin Cash Price Poised to Plummet Once Network Stabilizes
David Dinkins
2017-08-03T18:51:00+01:00
37195
Prominent wealth and investment manager group in South Africa likens Bitcoin to the bubble BlackBerry found itself in a few years ago.
Bitcoin Mirroring BlackBerry Bubble: Citadel Investments
Darryn Pollock
2017-08-03T12:50:00+01:00
16309

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