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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.

Top News

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Shiba Inu rebounds 40% despite major selling by SHIB whales

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Blockchain’s debut of full Bitcoin Cash functionality appeared to have a muted effect as users continue asking for SegWit.

Blockchain.info Launches Bitcoin Cash Support, Users Cry For SegWit

2017-12-14T21:08:00+00:00

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Coinbase has revealed its plans to integrate Segregated Witness (SegWit) in short-term.

Coinbase Reveals SegWit Integration, Developers Working On Bitcoin Infrastructure

2017-12-04T12:00:00+00:00

31103

Most innovative works done by Bitcoin developers and projects directly benefit Litecoin given the structural similarities between Bitcoin and Litecoin.

Charlie Lee: Hard Work of Bitcoin Developers Directly Benefits Litecoin

2017-11-17T16:06:00+00:00

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Blockchain Wallet is aiming to add full support for Bitcoin Cash next month, with SegWit following in 2018.

Blockchain Wallet Will Add SegWit, Full Bitcoin Cash Support By 2018

2017-11-16T11:47:00+00:00

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A brief history of SegWit2x, and consequences of its cancellation.

2x or No 2x, That Was the Question

Patrick Thompson

2017-11-14T00:45:00+00:00

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The latest upheaval in the crypto market has Bitcoin losing $2,000 in value, while Bitcoin Cash gains the same amount.

A Tale of Two Bitcoins: Where Bitcoin, Bitcoin Cash are Headed

Shivdeep Dhaliwal

2017-11-13T02:43:00+00:00

55703

Lightning network better do all its supporters claim, because time is of the essence.

Lightning Must Strike Soon, Bitcoin Facing Backlogs as Scalability Solution Awaited

Patrick Thompson

2017-11-12T07:00:00+00:00

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In the light of recent SegWit2x events, let’s look at what it’s all about.

All You Need to Know About This Whole SegWit vs. SegWit2x Thing, Explained

2017-11-10T19:40:00+00:00