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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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With the community approaching a significant decision date on the issue of scaling, the outcome of the consensus is looking more like an open secret as SegWit2x...

What To Do With Bitcoin Ahead Of SegWit Activation

2017-07-01T09:35:00+01:00

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The self-professed creator of Bitcoin rants against SegWit2x at conference in the Netherlands and on Reddit.

Craig Wright Rants Against Bitcoin Decentralization

2017-07-01T00:46:00+01:00

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The Bitcoin network has shown bigger miner support for SegWit than for Emergent Consensus for the first time.

Bitcoin Scaling: SegWit Passes Emergent Consensus At Last

2017-06-27T09:59:00+01:00

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An unfortunate error in BTCC’s reporting of the latest China Bitcoin Roundtable meetup is lending its roadmap a hint of irony.

First Of Never? Chinese Bitcoin Roundtable Aims To Implement SegWit2x ‘June 31st’

2017-06-26T11:45:00+01:00

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As early as 04:30 GMT+2 on Sunday, up to top 34 on CoinMarketCap were all in pimento red bleeding profusely like there has been a knife battle between some sava...

Another Crypto Massacre in the Making? Big Players Subdued by Slumps

Frisco d'Anconia

2017-06-25T15:45:00+01:00

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After a major market correction which sent bitcoin price from its all-time high of $2,973 to $2,261, bitcoin price has stabilized at the $2,700 region.

Bitcoin Price Stabilizes at $2,700, Another Surge Imminent?

2017-06-24T12:00:00+01:00

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SegWit is all but guaranteed to activate for Bitcoin as 80% of hash rate is now signalling support for SegWit2x code.

SegWait Is Over! Bitcoin Network Shows 80 Percent Support For SegWit2x

2017-06-20T11:45:00+01:00

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Bitonic, the Danish Bitcoin Exchange, offers guidance for its users regarding the possible coming fork.

Dutch Bitcoin Company Explains Scaling Position, Offers Users Guidance

2017-06-19T14:10:00+01:00

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