28 Sep '16, 7pm

Final Countdown: Bitcoin Core's Segwit to be Released After Long Testing

Bitcoin Core’s innovative solution designed to scale the Bitcoin network by moving witness data outside the traditional block structure is finally approaching its release. The Bitcoin Core team announced on Twitter that the Segregated Witness release is on its “final countdown,” with various tests and necessary information in place to upgrade the Bitcoin network. #segwit https://t.co/OlbmQl6WyX — Bitcoin Core Project (@bitcoincoreorg) September 27, 2016 Segregated Witness is a sophisticated scaling technology designed to provide two major benefits to Bitcoin miners, users, and businesses: elimination of malleability and capacity increase. Initially, the Segwit proposal was drafted as a solution to the ongoing block size debate. It attempted to decrease the block size of the Bitcoin network by allowing new-style blocks to hold more data than older-style blocks. The Bitcoin ...

Full article: https://cointelegraph.com/news/final-countdown-bitcoin-co...

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