Which Altcoins Are Implementing SegWit?
SegregatedWitness (SegWit) — the proposed upgrade to the Bitcoin protocol developed by the Bitcoin Core developers — is still far from activation. Requiring 95 percent of hash power to signal support for the solution, miner-adoption has seemingly stagnated at around 25 percent for now. But, of course, SegWit’s open source code is out there. As such,....
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Over the course of the past few months, a bunch of altcoins are jumping on the Segregated Witness (Segwit) bandwagon. Currently, cryptocurrency enthusiasts are focusing in on Litecoin (LTC) markets because the price is pumping as Segwit nears activation on the LTC network. Litecoin Segwit Activation Draws Near. The scaling debate has been ongoing for....
“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....
SegWit is short for Segregated Witness. It was perhaps the biggest Bitcoin protocol upgrade to date, which wrapped several improvements and fixes into one. Further Reading: What Is Bitcoin? What Are the Benefits of SegWit?As probably its most notable fix, SegWit got rid of transaction malleability. ...
The last time we checked with Litecoin, its creator Charlie Lee left Coinbase to focus on his own project. The mission at hand was implementing SegWit in the Litecoin blockchain, which is easier said than done. This story is as exciting as they come. It has twists and turns and it ends with a bang. Through the following tale, we’ll learn a lot about consensus. One of the most mysterious aspects of the cryptocurrency space is how decisions are made. Are you ready to learn through a practical example? Related Reading | Charlie Lee Sums Up Litecoin’s 10 Years History. Part One: Fair....
Little-known altcoin DigiByte is following Litecoin and Syscoin in making investors rich with impending SegWit activation. DigiByte Celebrates Countdown To Ultimate Pump. Metrics highlighted by developers Saturday show the proportion of DigiByte miner support at 72.48% – inching past the 70% activation threshold. “6 more days to go till activation at this rate! Happy Easter everyone!” a Twitter post added. Despite having barely made a name for itself prior to the announcement, DigiByte is currently 63rd in CoinMarketCap’s cryptocurrency listings, its price increasing 15% in the 24 hours to....