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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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Mining pool BW.com has mined its first SegWit block for Litecoin, creator Charlie Lee thanking the community.

Litecoin Mining Pool BW.com Mines First SegWit Block

2017-04-12T09:11:00+01:00

3153

Over the past two days, bitcoin price stabilized at $1,215 primarily due to the increasing adoption of bitcoin in Japan.

Bitcoin Price Breaks $1,215 Due to Rapid Mainstream Adoption in Japan

2017-04-11T12:53:00+01:00

7586

Vertcoin has climbed to almost 20 cents per unit or 200% in 24 hours, the latest asset to surge on SegWit activation hype.

Vertcoin Surge On SegWit Talk Leads To ‘Pump And Dump’ Suspicions

2017-04-10T13:25:00+01:00

6736

SegWit activation probability is driving Litecoin to post-$10 highs not seen for three years.

SegWit Hype Sees Litecoin Price Pass $10 For First Time Since 2014

2017-04-06T13:15:00+01:00

2184

Litecoin’s plan to activate SegWit is gradually nearing reality and the market seems to be reacting positively.

Charlie Lee Tips Litecoin Price To Reach $14 On SegWit Activation

Olusegun Ogundeji

2017-04-05T09:20:00+01:00

2755

Saturday, F2Pool mined Segregated Witness (SegWit) blocks for both Bitcoin and Litecoin. Almost immediately after the pool’s signaling of SegWit, major Chinese ...

F2Pool Tests SegWit on Litecoin, May Support It on Bitcoin After Testing

2017-04-04T18:06:00+01:00

1780

ConnectBTC, a third mining pool that is associated with the Bitmain brand has just been launched.

Bitmain Launches New Bitcoin Mining Pool, Undecided on Scalability Issue

Olusegun Ogundeji

2017-04-04T10:51:00+01:00

1780

Bitcoin scaling is increasingly revolving around SegWit2MB and now rival extension blocks as solutions for the scaling debate.

New Bitcoin Scaling Solutions SegWit2MB, Extension Blocks Vie For Popularity

2017-04-04T10:22:00+01:00

1270