Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

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

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Japanese Bitcoin exchanges and companies line up to secure smooth operation irrelevant of August 1, when a scenario of Bitcoin forking, or breaking into two sep...

Japan’s Bitcoin Exchanges Getting Ready To Secure Smooth Operations After August 1

Alexander Geralis

2017-07-14T15:30:00+01:00

28203

Only three cryptocurrencies are in green as of 08:00 GMT. The carnage is brutal like the Rwanda Massacre some 27 years ago.

Despite Black Tuesday At Crypto Markets, Some Experts Say It’s Best Time To Buy

Frisco d'Anconia

2017-07-11T12:00:00+01:00

38560

Bitcoin is about to enter a new price triangle, investors say, with a “big move” expected shortly.

Bitcoin Price Triangle Breakout Imminent, Investors Sense ‘Big Move’

2017-07-10T13:25:00+01:00

57503

A last-minute update to SegWit2x has earned the scorn of Bitcoin Core developer Btc Drak.

Bitcoin Core’s Btc Drak: SegWit2x BIP Is Technically, Ethically ‘Utterly Appalling’

2017-07-10T12:50:00+01:00

24578

Lieferando, the largest food delivery platform in Germany, officially integrated Bitcoin. Users on the platform will be able to pay for food deliveries using Bi...

One of Largest Food Delivery Platform in Germany Integrates Bitcoin

2017-07-08T17:00:00+01:00

40893

Developer Jimmy Song has sought to provide a no-frills accessible explainer for the increasingly contentious SegWit debate.

Bitcoin Block ‘Weight’ Central to SegWit Vs. SegWit2x Argument: Bitcoin Dev Jimmy Song

2017-07-05T12:55:00+01:00

11983

Luke-jr has issued a stark warning about the implications of SegWit2x, which has become highly popular in Bitcoin circles.

Even 1MB Blocks Dangerous to Bitcoin: Luke-jr On SegWit2x

2017-07-03T17:00:00+01:00

16105

Controversial Bitcoin scaling initiative, SegWit2 pushes through with the new code set and released on June 30, 2017.

Controversial Bitcoin Scaling Project SegWit2x New Code Released

Charles Dearing

2017-07-02T11:55:00+01:00

23122