Bitcoin Miners Can Now Signal Support for SegWit

Bitcoin Miners Can Now Signal Support for SegWit

Bitcoin miners can now show their support for a long proposed technical update that would boost the network's transaction capacity. Following block 439,488 on the bitcoin blockchain (which occurred at roughly 8:30 UTC today), miners can now upgrade their software by changing a header value in the blocks that they process. Called Segregated Witness (SegWit), the change is best known as a way to scale transactions on the bitcoin blockchain by carving out more space in each block, though it also solves a long-known major bug and expands the software in a few other notable ways. As coded in....


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