Segregated Witness Officially Introduced With Release of Bitcoin Core 0.13.1
Today marks the release of Bitcoin Core version 0.13.1. This is the official introduction of Segregated Witness, the long-awaited centerpiece of Bitcoin Core’s scalability road map. Starting November 15, Bitcoin miners can signal support for the proposed protocol upgrade, which, if activated, enables a number of new features on the Bitcoin network as....
Related News
Segregated Witness has been merged into Bitcoin Core. During a Bitcoin Core development meeting on Thursday, it was decided that the code for Segregated Witness (SegWit) is ready to be merged into the master branch. According to Bitcoin Core contributor Eric Lombrozo, the merge is expected to take place in the coming days. Why This Is a Big Deal. Segregated Witness is an improvement to the Bitcoin protocol that enables a variety of new features and enhancements to the network. Much of the Bitcoin community is excited about this change due to its effective increase to the Bitcoin block size....
Segregated Witness has been the center of Bitcoin’s long-lasting scaling debate since it was first introduced by Blockstream co-founder and Bitcoin Core developer Dr. Pieter Wuille two months ago. A nifty method to move signature data from typical transactions into “add-on blocks,” Segregated Witness is set to improve the Bitcoin protocol in several ways . Moreover, the solution can be rolled out as a soft fork, meaning that only miners need to upgrade their software; all other nodes can do so if and when they please. The innovation is positioned as the first step of a scalability “roadmap....
Bitcoin Core developer Pieter Wuille has released Segregated Witness causing quite a stir in the industry. Segregated witness is the first step in allowing Bitcoin to scale by fitting more transactions in the current 1MB block size limit. It brings added benefits by removing the part of each Bitcoin transaction carrying the digital signature, instead....
Segregated Witness might be the most significant improvement to the Bitcoin protocol to date. The innovation is set to fix transaction malleability, offers an effective block size increase, enables development flexibility and more. After months of coding, Segregated Witness is getting close to rollout, as a pull request was submitted to Bitcoin Core earlier this week. How close to roll-out exactly? As with any change to the Bitcoin protocol, that is hard to predict. A Segregated Witness timeline ... Each improvement to the Bitcoin protocol starts with an idea. The Segregated Witness idea....
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,....