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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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SegWit2x appears to have made an enemy of South Korea’s Seoul Bitcoin Meetup, which has confirmed its “staunch opposition”.

Korea’s Biggest Bitcoin Meetup Publicly Condemns SegWit2x

2017-10-12T15:55:00+01:00

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SegWit2x fork receives a huge blow as New York Agreement signatory F2Pool ceases signalling for the fork.

F2Pool Deals Possible Death Blow to SegWit2x Fork, Withdraws Support

2017-10-12T13:40:00+01:00

22318

Blockchain.info has become the latest wallet provider to release Bitcoin Cash balances for users.

Blockchain.info Releases Full Bitcoin Cash Support, Users Receive Coins

2017-10-12T11:45:00+01:00

23377

The positive Bitcoin price outlook is making many altcoins bleed. But how long will it last?

With $5000 Bitcoin Price In Sight, What’s To Come for Altcoins?

Olusegun Ogundeji

2017-10-11T13:10:00+01:00

32407

The SegWit2x stand-off continues as SurBTC reveals its position, going back on its NYA pledges.

Barry Silbert Agreement Loses Support As SurBTC Exchange Appeals to Bitcoin Core Devs

2017-10-11T12:55:00+01:00

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Xapo causes a stir by saying it could rename the SegWit2x chain as BTC.

Xapo On SegWit2x: We Might Not Treat BTC Chain as Real Bitcoin

2017-10-10T08:33:00+01:00

15513

Confusion abounds over Bitcoin forks such as Bitcoin Cash and Bitcoin Gold. Don’t worry-there’s really only one Bitcoin.

Don’t Fear Forks, There’s Only One Bitcoin

2017-10-09T22:10:00+01:00

58034

What events occur in a day in the life of a crypto-guru? Luckily, this crypto-guru is here to show you the way; it all starts with the music you’re listening to...

Sounds of Bitcoin: What Music Does a Crypto-Guru Listen to?

Patrick Thompson

2017-10-09T17:55:00+01:00

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