Segregated Witness Deployed on New Bitcoin Testnet: SegNet

In the midst of a heated debate over block size and Bitcoin’s future, Bitcoin Core developers Dr. Pieter Wuille, Eric Lombrozo and Johnson Lau have launched a third iteration of the Segregated Witness “testnet.” Dubbed SegNet, the latest version of the Bitcoin test network includes several improvements over its predecessors, and is available to anyone who wants to try it or experiment. SegNet, like the previous versions, is essentially a clone of Bitcoin, specifically intended as a demo version. But while the two earlier SegNets were open only to developers working on the project, now....

Bitcoin Core developers Dr. Pieter Wuille, Eric Lombrozo and Johnson Lau launched a fourth – and probably final – iteration of the Segregated Witness testnet today. Perhaps most importantly compared to previous versions, “SegNet 4” includes support for another upcoming Bitcoin protocol improvement, CheckSequenceVerify (CSV). This allows for experimentation with routable bidirectional payment channels, better known as lightning networks. Segregated Witness is the nifty technical innovation that allows senders of Bitcoin transactions to move cryptographic signatures from typical blocks to....

The long-lasting block size dispute has catapulted into the center of attention again. One of the most talked-about developments is Segregated Witness, of which a public testnet iteration – SegNet – waslaunched in January. The innovation as recently proposed by Blockstream co-founder and Bitcoin Core developer Dr. Pieter Wuille is a centerpiece of a scalability “roadmap” set out by Bitcoin Core. To find out where the broader development community stands on Segregated Witness, Bitcoin Magazine reached out to library and wallet developers, those who will need to do the heavy lifting in order....

The long-lasting block size dispute has catapulted into the center of attention again. One of the most talked about developments is Segregated Witness, of which a public testnet iteration – SegNet – was launched in January. The innovation as recently proposed by Blockstream co-founder and Bitcoin Core developer Dr. Pieter Wuille is a centerpiece of a scalability “roadmap” set out by Bitcoin Core. To find out where the broader development community stands on Segregated Witness, Bitcoin Magazine reached out to library and wallet developers, those who will need to do the heavy lifting in....

The long-lasting block-size dispute has catapulted into the center of attention again. One of the most talked about developments right now is Segregated Witness, of which a public testnet iteration waslaunched last week. The innovation as recently proposed by Blockstream co-founder and Bitcoin Core developer Dr. Pieter Wuille is a centerpiece of a scalability “roadmap” set out by Bitcoin Core. But relying on Segregated Witness as the next step of Bitcoin’s scalability process is contended by recently launched Bitcoin Core fork Bitcoin Classic. Rather than a Segregated Witness soft fork,....