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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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Only hours remain before the widely-expected Bitcoin network’s SegWit activation, but there seems to be reasonable calmness within the Bitcoin ecosystem.

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2017-07-31T09:55:00+01:00

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2017-07-29T16:11:00+01:00

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Slush Pool Will Not Support Bitcoin Cash in August 1 Hard Fork

2017-07-29T14:40:00+01:00

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On July 28, Bitcoin analyst and researcher Tuur Demeester revealed that Bitcoin dominance index recovered beyond its 50% mark for the first time since May.

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Lysergi, a supplier of research chemicals and other products, is recommending the cryptocurrency Litecoin over the more popular Bitcoin to its customers.

Lysergi Recommends Litecoin Over Bitcoin to Customers

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2017-07-28T18:10:00+01:00

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SegWit was held up by miners “throwing a tantrum,” BitTorrent creator Bram Cohen has said in a panel.

BitTorrent’s Bram Cohen: Miners ‘Threw Tantrum’ to Delay SegWit

2017-07-28T16:40:00+01:00

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Bitcoin price reaction to the SegWit lock-in period.

Bitcoin Price Reacts to SegWit News

Mira Konforovych

2017-07-28T13:55:00+01:00

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It has become likely that Bitcoin Cash will be created by a group of miners led by ViaBTC on August 1. However, investors should not fear the creation of Bitcoi...

Bitcoin Investors Should Not Fear August 1 Chain Split

2017-07-26T18:25:00+01:00

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