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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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Most major bitcoin wallet service providers, exchanges and startups have either planned SegWit support or are SegWit support ready.

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2016-11-27T14:29:00+00:00

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Major bitcoin exchange and mining pool BTCC COO Samson Mow revealed that the institution was Segregated Witness (SegWit) ready. Will SegWit become activated?

SegWit Great for Bitcoin Says BTCC COO as Major Exchange Supports the Solution

2016-11-19T11:50:00+00:00

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The search for the “buy Bitcoin” term on the world's largest source of information platform is on a upward trend.

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2016-11-08T16:10:00+00:00

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The release of miner signalling for Segwit will boost Bitcoin’s value before 2016 ends.

Llew Claasen: Why the Rest of 2016 Will Bring Even More Growth to Bitcoin, Blockchain Focus Being Blessing

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2016-11-05T12:45:00+00:00

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Venture Capitalists including Nick Tomaino believes the Bitcoin Core team is the most talented development team in the world.

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2016-11-03T18:00:00+00:00

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4 days in, 13.7% of Bitcoin nodes has already upgraded to Bitcoin Core 0.13.1, supporting the activation of SegWit.

13% of Nodes Support SegWit Release, BitGo Runs Core 0.13.1

2016-11-01T12:40:00+00:00

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