30 Mar '16, 5pm

Segregated Witness Enters Final Testnet Stage, Includes Lightning Network Support

Segregated Witness Enters Final Testnet Stage, Includes Lightning Network Support

Bitcoin Core developers Dr. Pieter Wuille, Eric Lombrozo and Johnson Lau launched a fourth – and probably final – iteration of the Segregated Witness testnet today. Perhaps most importantly compared to previous versions , “SegNet 4” includes support for another upcoming Bitcoin protocol improvement, CheckSequenceVerify (CSV). This allows for experimentation with routable bidirectional payment channels, better known as lightning networks. Segregated Witness is the nifty technical innovation that allows senders of Bitcoin transactions to move cryptographic signatures from typical blocks to separate structures. This is set to improve the Bitcoin protocol in several ways, including a long-awaited fix of transaction malleability . And, very relevant in light of the ongoing scaling debate, Segregated Witness will offer up to 1 megabyte of additional block space, depending on the...

Full article: https://bitcoinmagazine.com/articles/segregated-witness-e...

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