SegWit News

BitMEX says the update will not bring a ‘big change’ to its wallet security as the signature scheme is already used for hot withdrawal processing. Cryptocurrency exchange BitMEX is changing all of its customer Bitcoin (BTC) deposit addresses starting Nov.…

Segregated Witness (SegWit) adoption on Litecoin (LTC) is reaching new heights as penetration on the Bitcoin (BTC) chain is beyond the halfway point. However, the delay in platforms like Blockchain.com to get onboard the SegWit train still means users are…

Bitcoin Mercantile Exchange (BitMEX) a bitcoin trading venue that offers professional traders up to 100x leverage, Bitcoin futures and swaps, has announced that it now enabled Bech32 sending support on its platform, making it possible for its users to withdraw…

SegWit or ‘segregated witness’, is a protocol that reduces the size of transactions and allows for improved malleability of Bitcoin. Adoption of this protocol has surged on Litecoin ahead of Bitcoin, and Charlie Lee believes its success of Litecoin has…

Recently, Bitcoin users discovered that many 2 MB blocks were showing up as a result of SegWit adoption and a resulting increase in block capacity. Throughput on the Bitcoin network went from three transactions per second to seven transactions per…

The long-awaited bi-annual hard fork on Bitcoin Cash (BCH) has been rolled out as of 15 May 2019. Schnorr signatures and recovery from SegWit addresses are the biggest takeaways from the hard fork.  Network Upgraded Bitcoin Cash’s network has finally…

According to a Medium post published April 15, 2019, Winklevoss brothers-backed Gemini cryptocurrency exchange has completed the SegWit upgrade of its Bitcoin wallet. Gemini Upgrades to SegWit Protocol The Winklevoss brothers’ affinity for cryptocurrencies is no secret. For the multi-millionaire…

It is perhaps no secret that the cryptocurrency market failed to meet the expectations of most investors this year. While 2017 was widely regarded to be the year cryptocurrencies and ICOs reached mainstream popularity, 2018 has been impactful in a…

Bitcoin Cash’s most vocal advocate Roger Ver and Litecoin creator Charlie Lee sat down for a conversation touching on various topics relevant to digital currencies as well as the cryptocurrency community. The debate was held at the end of the…

An article published October 8, 2018, talks about why Bitcoin’s highest valuation is now $100,000. This number is derived from the strong relationship between network activity and price that the cryptocurrency has shown in the past. In layman terms, the…

After much back and forth, SegWit (Segregated Witness) was rolled out in August 2017. It is now prompting developers to assemble an almost “themed” release that will see a new level of congregation for the Bitcoin creator fraternity. Driven primarily…

Vertcoin (VTC) managed to push to its highest level since March 2014, flirting with the $1.00 handle recently. A boost in the number of active addresses on the network correlates with Litecoin’s Segwit activation during May 2017. VTC-BTC was a…

With SegWit2x we’ll soon experience the activation of SegWit. Block size will be replaced by block weight, transactions capacity will be increased, and fees will fall. But how exactly and to what scope is not an easy question. In recent…

On June 16, Jeff Garzik announced the Alpha release of SegWit2x. After all, miners who have signed the agreement started to signal for its activation, SegWit2x is nearly instantly backed by more than 75 percent of the hash rate. The…

The User-Activated Soft Fork (UASF) wants to enforce SegWit against the will of the miners. After the movement had gained a growing momentum, it had to gulp serious drawbacks in the past weeks. Neither exchanges, miners nor Core developers stand…

Did we, finally, do it? A consortium of Bitcoin companies and miners announced an agreement about the year long fight for an increase of Bitcoin’s capacity; SegWit should be activated soon, and a hard fork will increase the block size…