Tag: Segregated Witness

Segregated Witness Merge Request Sparks New Debate Among Bitcoin users

Segregated Witness has been touted as the proper solution to solving the Bitcoin block size problem. The Bitcoin Core developers have thoroughly tested the solution and recently merged it with the Bitcoin Core development branch on GitHub. A release for the updated client was not provided at this time, though. Segregated Witness Is Coming Soon Bitcoin enthusiasts have been waiting for the release of Segregated Witness for quite some time …
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What Is Segregated Witness?

There has been a lot of talk about SegWit over the past few months, and what makes this solution so appealing to fix the Bitcoin block size debate. Although not everyone is for Segregated Witness just yet, there are some intriguing prospects regarding this solution that make it kind of interesting. SegWit In A Nutshell Depending on whom you pose the question to, Segregated Witness is an elegant or horrible …
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Segregated Witness is now a reality

Peter Wuille, long time member of Bitcoin Core development team since May 2011, managed to complete the expected upgrade to Bitcoin’s Protocol. Segregated Witness code has been published in Github’s pull request, with 38 additions to Bitcoin’s core master branch. Segregated Witness (or SegWit) is a new mechanism designed to remove part of the data carried in the network’s blocks, this data contains digital signatures that now will be placed …
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Samson Mow: “Bitcoin Classic Supporters Are Pretty Much Irrelevant Now”

With the recent release of the new Bitcoin Core client, mining pools will have to start switching over to the latest version at some point. BTCC, one of the largest Chinese mining pools, will be doing exactly that, as the process will take approximately two weeks to complete. Also read: Ethereum Technical Analysis 04/16/2016 – Potential Reversal Pattern BTCC Prepares For Bitcoin Core 0.12.1 Although it is doubtful this move …
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