Ready, Steady, Fork: Bitcoin Core to Release SegWit in November
Segregated Witness, Bitcoin Core’s innovative scaling solution, is expected to be released on November 15 2016, in Bitcoin Core’s 0.13.1 release. Bitcoin Core developer Pieter Wuille made the announcement in the Bitcoin-dev mailing list, in which he stated that BIP 141, or the SegWit soft fork proposal, could be activated on the 15th of November if the 95% hashpower validation threshold is reached. Wuille wrote: “Following the BIP9 recommendation to set the versionbits start time a month in the future and discussion in the last IRC meeting, I propose we set BIP 141's start time to November....
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The Bitcoin Core development team has fixed most of the issues related to SegWit v 0.13.1 software package, expected to go live on November 15, 2016. The Bitcoin protocol may soon expect few changes to happen for good. Segregated Witness, also known as SegWit, which happens to be one of the scalability solutions is finally ready for release. The Bitcoin Core development team has reportedly fixed most of the issues related to SegWit v 0.13.1 software package. The latest version is almost ready to go live in its current state by Monday. However, it may take at least a year for it to be....
Last week, Bitcoin Core version 0.13.1 was released, officially bringing Segregated Witness (SegWit) to Bitcoin. 4 days in, 13.7% of Bitcoin nodes has already upgraded to Bitcoin Core 0.13.1, supporting the activation of SegWit. SegWit is an innovative scaling technology developed and introduced by the Bitcoin Core development team. Once it reaches a soft fork activation threshold, it will separate the transaction signatures from the initial transactional data, which immediately increases the capacity of blocks and eliminate transaction malleability. Like all soft forks, the SegWit release....
“Segregated Witness [Segwit] is the most radical and irresponsible protocol upgrade Bitcoin has faced in its eight year history,” wrote the pseudonymous author Jaqen Hash’ghar for Medium. “The push for the [Segwit] soft fork puts Bitcoin miners in a difficult and unfair position to the extent that they are pressured into enforcing a complicated and....
The code for a long-in-development bitcoin scaling solution could be ready for activation as soon as 15th November. The new software – version 0.13.1 – will include more code for Segregated Witness (SegWit), enabling users (and, perhaps most notably, miners) to begin the upgrade process. The launch will kick off a process by which the extended stakeholders in the distributed network will be asked to signal whether they support SegWit. The news comes from an update on a mailing list for developers working on bitcoin's primary software, Bitcoin Core. There, developer Pieter Wuille posted new....
Thursday, October 27th, 2016. Segregated Witness (or SegWit) was added to Bitcoin Core. Will that day be the official end of the two-year-old “Block Size Debate?” will yesterday be the first step towards a mainstream-ready global decentralized digital currency? Whether you know it or not, Bitcoin has officially stepped into a new era of expansion and usability with the release of Bitcoin Core 0.13.1. Here, we’ll give you a cliffnotes version of what happens next and if we are even ready for SegWit. This can get uber-technical, but don’t worry. I’m not the one to lay out all the source code....