Bitcoin Wallet Developers Prepare for Segregated Witness

(BitCoin Magazine) – Bitcoin Core 0.13.1 was released last week, which means miner signaling on the proposed Segregated Witness (SegWit) soft fork will start soon. If activated, SegWit offers a number of benefits, one of which is an effective block size limit increase to about 1.6 to 2 megabytes, depending on the types of transactions included in blocks. If and when Segregated Witness is activated on the Bitcoin network, users will be able to take advantage of the added network capacity immediately — if their Bitcoin wallets are “SegWit-ready.”