Bitcoin Wallet Developers Prepare for Segregated Witness

By Timothy Sohn Oct 31, 2016 8:55 PM EST

(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 wallets are “SegWit-ready.”

Facebook Comments


Read previous post:
Scotland to Start Own Stock Exchange Using Blockchain Technology

(Bloomberg) - Scotland may get its own stock exchange using the latest, if unproven, technology to underpin the system. Scotex...

Close