Tag: Segwit

Bitcoin’s SegWit Adoption Keeps Rising Slowly

As the push to scale cryptocurrency networks is still in effect, the adoption of SegWit may play a role of importance. Recent statistics confirm the overall use of this technology is certainly on the rise. Without SegWit adoption increasing, new solutions to scale Bitcoin will need to be created. A Long way From Making SegWit the Standard For the time being, it seems there isn’t a real need to do …
[Read More]

Bitcoin Price Watch: Currency Falls to $9,000 After Yesterday’s $9,300 Strike

Bitcoin is currently trading for about $9,000. This is roughly $300 less than yesterday’s high of $9,333, which sent both investors and analysts flying. It is also a near-three percent drop in 24 hours. At press time, bitcoin’s overall market cap has fallen to about $154 billion. Though a slide may be in the books, experts say that this is nothing to get too concerned about, and that the bullish …
[Read More]

Bitfinex Allegedly Nears SegWit Integration

There are a lot of issues in the Bitcoin world which will need to be addressed sooner or later. First of all, there is the scalability problem. Many companies and service providers lack support for SegWit right now. It seems Bitfinex is one step closer to finalizing its SegWit upgrade. According to an employee, the integration will be completed by next week. Bitfinex Gets Closer to SegWit Integration It is evident a lot of …
[Read More]

Why Bitcoin Cash Isn’t King

Born August 1, 2017, Bitcoin Cash is to its proponents what Bitcoin ought to be. As of now, it features 8MB blocks as opposed to one or two. Its transaction time is just under a minute and a half per block, and its fees are low, about seven cents per transaction. However, Bitcoin Cash did not take over Bitcoin after the fork. Let’s look at a few reasons why. 1. Segwit worked …
[Read More]