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Interested in knowing what is SegWit? Read our in-depth explanation of the technology, its origins, and its uses in the Bitcoin (BTC) network. Staying current with technical innovations in crypto is crucial for anyone involved, whether you’re a miner, trader,…
News
BitMEX says the update will not bring a ‘big change’ to its wallet security as the signature scheme is already used for hot withdrawal processing. Cryptocurrency exchange BitMEX is changing all of its customer Bitcoin (BTC) deposit addresses starting Nov.…
BTC
Bitcoin
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Segregated Witness (SegWit) adoption on Litecoin (LTC) is reaching new heights as penetration on the Bitcoin (BTC) chain is beyond the halfway point. However, the delay in platforms like Blockchain.com to get onboard the SegWit train still means users are…
News
Bitcoin Mercantile Exchange (BitMEX) a bitcoin trading venue that offers professional traders up to 100x leverage, Bitcoin futures and swaps, has announced that it now enabled Bech32 sending support on its platform, making it possible for its users to withdraw…
News
SegWit or ‘segregated witness’, is a protocol that reduces the size of transactions and allows for improved malleability of Bitcoin. Adoption of this protocol has surged on Litecoin ahead of Bitcoin, and Charlie Lee believes its success of Litecoin has…
News
Recently, Bitcoin users discovered that many 2 MB blocks were showing up as a result of SegWit adoption and a resulting increase in block capacity. Throughput on the Bitcoin network went from three transactions per second to seven transactions per…
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The long-awaited bi-annual hard fork on Bitcoin Cash (BCH) has been rolled out as of 15 May 2019. Schnorr signatures and recovery from SegWit addresses are the biggest takeaways from the hard fork. Network Upgraded Bitcoin Cash’s network has finally…
News
According to a Medium post published April 15, 2019, Winklevoss brothers-backed Gemini cryptocurrency exchange has completed the SegWit upgrade of its Bitcoin wallet. Gemini Upgrades to SegWit Protocol The Winklevoss brothers’ affinity for cryptocurrencies is no secret. For the multi-millionaire…
News
It is perhaps no secret that the cryptocurrency market failed to meet the expectations of most investors this year. While 2017 was widely regarded to be the year cryptocurrencies and ICOs reached mainstream popularity, 2018 has been impactful in a…
News
Bitcoin Cash’s most vocal advocate Roger Ver and Litecoin creator Charlie Lee sat down for a conversation touching on various topics relevant to digital currencies as well as the cryptocurrency community. The debate was held at the end of the…
News
An article published October 8, 2018, talks about why Bitcoin’s highest valuation is now $100,000. This number is derived from the strong relationship between network activity and price that the cryptocurrency has shown in the past. In layman terms, the…
News
After much back and forth, SegWit (Segregated Witness) was rolled out in August 2017. It is now prompting developers to assemble an almost “themed” release that will see a new level of congregation for the Bitcoin creator fraternity. Driven primarily…
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Since the release of bitcoin in 2009 and by extension, the cryptocurrency ecosystem, have both come a long way. Tossing aside the inevitable discussion about bitcoin’s, which reached astronomical highs in 2017, the past year was also a significant one…
BTC
Bitcoin
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Last week Electrum 3.0 was released. The new version of the most popular Bitcoin wallet does not just support SegWit, but also uses the new address format Bech32. Electrum 3.0 could be one of the most interesting upgrades of the…
News
With SegWit2x we’ll soon experience the activation of SegWit. Block size will be replaced by block weight, transactions capacity will be increased, and fees will fall. But how exactly and to what scope is not an easy question. In recent…
News
On June 16, Jeff Garzik announced the Alpha release of SegWit2x. After all, miners who have signed the agreement started to signal for its activation, SegWit2x is nearly instantly backed by more than 75 percent of the hash rate. The…
News
The User-Activated Soft Fork (UASF) wants to enforce SegWit against the will of the miners. After the movement had gained a growing momentum, it had to gulp serious drawbacks in the past weeks. Neither exchanges, miners nor Core developers stand...
News
Did we, finally, do it? A consortium of Bitcoin companies and miners announced an agreement about the year long fight for an increase of Bitcoin’s capacity; SegWit should be activated soon, and a hard fork will increase the block size...
News
Never before has the Bitcoin Blockchain seen such a large traffic jam. The number of unconfirmed transactions reached a level, at which it hurts. The Bitcoin economy is not amused; BitPay’s Stephen Pair speaks out with exceptional clarity, while Barry...
News
After a month-long deliberation, the Litecoin community came to a consensus to activate Segregated Witness on Litecoin. On May 10, Litecoin creator and Coinbase Director of Engineering Charlie Lee celebrated the implementation of SegWit on his social media; litecoin will...
LTC
Litecoin
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The majority of the Bitcoin community believes a hard fork execution will not occur anytime soon. Experts and developers including Andreas Antonopoulos, BitGo engineer Jameson Lopp and Charlie Shrem have noted that Bitcoin Unlimited is not ready for production and...
News
AntPool, the world’s biggest Bitcoin mining pool, finally makes its actions speak rather than its words. After complaining about the unsolved capacity problems, the pool mined a couple of Bitcoin Unlimited blocks. But the story is far from clear. You...
News
Like in Bitcoin, Litecoin miners bristle to signal support for the protocol upgrade SegWit. An AMA with Litecoin chief developer Charlie Lee demonstrates how much of the political conflicts of Bitcoin has spilled over into Litecoin – and how far...
News
The Lightning Network has always been seen as a solution to help alleviate the scalability problems we have seen in Bitcoin as daily transactions continue to rise. Due to the fixed block size of 1MB, Bitcoin can only handle seven...
News
SegWit or Unlimited? The miners will proceed to vote on how to scale Bitcoin. Everything depends on the decision of the mining pools. If no solution wins, Bitcoin will remain unchanged. You may not have noticed, but Bitcoin is underway...
News
In a controversial announcement, major bitcoin mining pool ViaBTC publicly stated that all of its hash power will be allocated to mining Bitcoin Unlimited blocks, a hard fork proposal intended to increase the block size to a capacity that miners...
News
After a long time of waiting, it finally happens; the release of Bitcoin Core 0.13.1 prepares the activation of Segregated Witness. Since October 27, the new release has been available for download. But the new transaction format will not get...
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