31 Oct '16, 6pm

Bitcoin Wallet Developers Prepare for Segregated Witness

Bitcoin Wallet Developers Prepare for Segregated Witness

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.” For users to enjoy this added block space, therefore, much will depend on Bitcoin wallet providers. On GitHub , 25 wallets have indicated they will integrate SegWit. To poll their progress, Bitcoin Magazine reached out to a selection of them. State of Readiness Depending on miner signaling, Segregated Witness may, at the very soonest, be “live” on the Bitcoin n...

Full article: https://bitcoinmagazine.com/articles/bitcoin-wallet-devel...

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