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.

Analysis
Bitcoin was brought to life in Satoshi Nakamoto’s white paper 10 years ago and Cointelegraph takes a look at the whirlwind decade since its inception.
A Brief History of Bitcoin: 10 Years of Highs and Lows
Gareth Jenkinson
2018-10-31T19:40:00+00:00
30386
Analysis
As Bitcoin celebrates the 10th anniversary of its white paper, Cointelegraph explores the various influences that breathed life into cryptocurrency.
Bitcoin White Paper – 10 Years Since Satoshi’s Vision Was Brought to Life
Gareth Jenkinson
2018-10-31T13:56:00+00:00
17471
Analysis
The biggest Bitcoin block to date has been mined! But although it is the biggest block, it had about 1,400 fewer transactions than the average block on the Bitc...
The Current State of the Bitcoin Network and Its Biggest Block
Patrick Thompson
2018-09-26T09:50:00+01:00
16183
News
A group of BTC developers has launched an initiative in order to deal with BTC scaling and high transaction fees issues.
Newly Launched Bitcoin Optech Initiative Aims to Address BTC Scalability Issue
Ana Alexandre
2018-07-20T19:57:00+01:00
23757
News
Bitcoin Core version 0.16.1, which includes “new features, various bugfixes and performance improvements, as well as updated translations” has been officially i...
Bitcoin Core Version 0.16.1 Officially Released
Ana Alexandre
2018-06-16T01:34:00+01:00
31981
News
A Bitcoin Cash hard fork was activated earlier today, increasing the block size up to 32MB and reactivating several previously deactivated Op nodes
Bitcoin Cash Hard Fork Increases Block Size, Reactivates Op Nodes
Molly Jane Zuckerman
2018-05-15T23:39:00+01:00
20575
Analysis
With 17 of a total 21 mln Bitcoin mined - let’s take a look at what will happen when we reach that milestone in over a century.
A Glimpse Into The Future - What Happens When There Are No More Bitcoin To Mine?
Gareth Jenkinson
2018-05-06T13:03:00+01:00
153418
News
Coinbase has fixed a payment gateway bug that emerged after SegWit implementation and caused users to lose their funds.
Coinbase Wallet Fixes SegWit Implementation Bug, Refunds Affected Users
Helen Partz
2018-03-13T21:10:00+00:00
29225

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