Tag: Segregated Witness

Lightning Creator: Why Segwit is a Real Blocksize Increase Solution

In an online bitcoin community, Thaddeus Dryja, the co-author of Lightning, explained how he realized Segregated Witness (Segwit) is an actual block size increase for the bitcoin network. Over the past few months, the bitcoin community has seen many experts including Andreas Antonopoulos and Coinbase Director of Engineering Charlie Lee, express their optimism towards Segwit, not only for its scalability but its ability to open opportunities for two-layer solutions like …
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SegWit Signaling Support Creeps Higher And Surpasses 30%

Support for Segregated Witness continues to build on the Bitcoin network, even though the growth is going a lot slower than people anticipated. After over a week of signaling, we are still only at 30% support. This indicates that a lot of miners either do not care or have no interest in the Bitcoin Core block size solution. Another Small Step Forward For SegWit Activation Once the signaling began for …
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Is a 95% Activation Threshold Still Feasible For Segregated Witness?

Now that the release of Segregated Witness is coming ever closer, it is due time the developers decide on the activation threshold. Right now, there is no clear indication as to when and how this new feature will be activated on the Bitcoin network. The last we heard revolved around a 95% consensus among miners, which may be impossible to achieve right now. Activating SegWit Will Be A Big Challenge …
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Segregated Witness Is Almost A Full Proposal But Still Awaits Activation Details

For the longest time, people have been wondering when Segregated Witness would be deployed. Bitcoin Core developers have been working hard on making sure this solution is safe and solid. A recent tweet by Peter Todd indicates SegWit is 99% complete – sort of – but the activation conditions still have to be decided upon. A Long-Awaited Update On Segregated Witness People in the Bitcoin world have been patiently – …
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