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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

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

Wall Street is the major force driving this month’s Bitcoin price surge towards $6000, says Bloomberg.

Wall Street Driving Bitcoin Price 6k Surge, Says Bloomberg

2017-10-17T16:40:00+01:00

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A suspected trolling attempt allegedly resulted in a SWAT team storming Jameson Lopp’s home on false hostage reports.

Fork Wars: SWAT Team Targets BitGo’s Lopp in Suspected Bitcoin Troll

2017-10-17T11:20:00+01:00

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Bruce Fenton delivers what seems to be a vote of no confidence in the SegWit2x hard fork.

Bitcoin SegWit2x Hard Fork Benefits Not Visible: Bruce Fenton

2017-10-16T10:40:00+01:00

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Numerous experts weigh in on whether Bitcoin will hit $6K, and why.

Industry Experts Believe Bitcoin Headed to $6,000

2017-10-14T22:55:00+01:00

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Following a hard fork, it’s unlikely that the legacy chain and the SegWit2x chain can co-exist. One must necessarily destroy the other, and SegWit2x will likely...

If Hard Fork Happens, Chain Backed By Majority of Miners Will Likely Win

2017-10-14T19:46:00+01:00

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BitMEX has become the latest exchange to offer its position on SegWit2x, warning it will not support the hard fork.

BitMEX Exchange Joins SegWit2x Opposition, Confirms Zero Support

2017-10-13T18:30:00+01:00

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Bitcoin price surprises markets yet again by reaching almost $6000 Friday, while its forks fail to keep up.

$6k Bitcoin Price Almost Comes True as Forks Flounder, Investors Hold

2017-10-13T08:55:00+01:00

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Mainstream media gets it all wrong, doesn’t understand Bitcoin at all. Even tech-focused journalists don’t seem to “get it.”

Editorial: Ars Technica Just Doesn’t Understand Bitcoin, Says Forks Have Split Network in Half

2017-10-13T00:05:00+01:00

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