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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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Segregated Witness (or SegWit) was added to Bitcoin Core. Will it be the first step towards a mainstream-ready global decentralized digital currency?

Bitcoin Begins Segregated Witness Era, What Happens Now?

2016-10-28T16:20:00+01:00

1704

Electrum, an open source Bitcoin wallet application launched in 2011, is officially introducing support for SegWit,the innovative scaling solution from Bitcoin ...

Bitcoin Platform Electrum Next Release to Support SegWit, Apple Debut In View

2016-10-24T12:48:00+01:00

1684

Segregated Witness, Bitcoin Core’s innovative scaling solution, is expected to be released on November 15, in Bitcoin Core’s 0.13.1 release.

Ready, Steady, Fork: Bitcoin Core to Release SegWit in November

2016-10-18T15:12:00+01:00

1349

Bitcoin Core’s innovative solution designed to scale the Bitcoin network by moving witness data outside of the traditional block structure is finally approachin...

Final Countdown: Bitcoin Core's Segwit to be Released After Long Testing

2016-09-28T19:09:00+01:00

2071

Ethereum, a network still in its infancy which was introduced on July 30, 2015, is dealing with a major conflict amongst its community as a result of a hard fo...

Ethereum Fiasco Justifies Principled Decisions of Bitcoin Developers

2016-07-28T12:47:00+01:00

677

It is going to be a wild summer for the price of Bitcoin. The only certainty in the space will be change.

Summer of SegWit: Bitcoin Core Begins Segregated Witness Soft Fork

2016-06-24T12:24:00+01:00

1224

Bitcoin’s core contributors and CEOs from the Bitcoin industry propose a hard-fork, but Xapo and Coinbase CEOs disagree.

Bitcoin Conference says Hard-Fork by 2017; Coinbase CEO says “Too Little, Too Late”

2016-02-23T19:20:00+00:00

961