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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

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

CME has filed a patent for a system that would allow developers to change the rules of a Blockchain without first gaining consensus of the entire network.

CME Plans To Develop New System To More Easily Modify Blockchain Protocols

Molly Jane Zuckerman

2018-02-12T12:20:00+00:00

18688

Popular crypto exchange Coinbase announced the SegWit Bitcoin scalability upgrade is in “the final testing stage”, will become available in the next few weeks.

Coinbase Crypto Exchange To Roll Out Long-Awaited SegWit Upgrade In ‘Few Weeks’

Molly Jane Zuckerman

2018-02-06T15:10:00+00:00

39514

GDAX begins BCH trading with few issues, except angry users waiting for SegWit implementation.

GDAX Starts BCH Trading, Users Angry About Focus

2018-01-18T02:44:00+00:00

89915

The North American Bitcoin Conference in Miami has stopped accepting Bitcoin for tickets, citing “network congestion” and “manual processing”

Bitcoin Conference Stops Accepting Bitcoin For Tickets, Blames ‘Network Congestion’

2018-01-11T17:20:00+00:00

48561

“New” SegWit2x launches; involves half-finished LinkedIn accounts, brand new Github repository, and enormous premine.

What the Fork? New SegWit2x Launches With Massive Premine, Unknown Development Team

Andrew Marshall

2017-12-29T02:04:00+00:00

84651

After increasing the minimum limit of payment on its platform from $5 to $100 on Friday, BitPay reverses the change just two days later.

BitPay Stops Processing Payments Less Than $100, Backpedals Two Days Later

Andrew Marshall

2017-12-25T08:28:00+00:00

60795

A new programming language, Ivy, developed by Chain, claims to make it easier to write smart contracts on the Bitcoin network.

Smart Contracts For Bitcoin? New Language Ivy Claims to Make it Easier

2017-12-20T21:25:00+00:00

22630

eBay, the $39 billion e-commerce platform, is seriously considering integrating Bitcoin into its platform as a payment method.

Senior VP Says eBay “Seriously Considering” Bitcoin Integration

2017-12-14T22:57:00+00:00

43388