How SegWit, Lightning and Batching Lower Bitcoin Transaction Fees
ForkLog examined the reasons behind the significant decline in Bitcoin network fees.
How SegWit, Lightning and Batching Lower Bitcoin Transaction Fees
ForkLog examined the reasons behind the significant decline in Bitcoin network fees.
Litecoin SegWit transactions exceed 80% of network activity
80% of transactions in the Litecoin network are conducted using the Segregated Witness protocol, while Bitcoin's share stands at 50%. This was reported by the creator of 'digital silver', Charlie Lee.
Bitcoin Independence Day: Community marks the third anniversary of UASF activation
On August 1, 2017, a user-activated soft fork (UASF) was activated on the Bitcoin network, enabling the activation of the Segregated Witness (SegWit) protocol. This date is celebrated in the community as Bitcoin Independence Day.
Study: SegWit and batching could save Bitcoin users around 58,000 BTC
The adoption of Bitcoin scaling solutions by all infrastructure participants in the cryptocurrency industry would save users nearly 58,000 BTC (more than $630 million at the time of writing). Analysts from the Veriphi startup reached this conclusion.
Emercoin Adds Support for Segregated Witness, New Wallet Released
Emercoin blockchain developers have released 16 updates including support of Segregated Witness (SegWit) protocol. Also a new Emercoin wallet version has been released to match the new rules of the blockchain and dSDKs.
Bitrefill CEO Sergej Kotliar: Bitcoin’s Future is Very Bright
Sweden-based bitcoin startup Bitrefill focused on topping up mobile phone accounts and selling gift cards has garnered some attention from the community in the recent months after implementing some innovative solutions.
What is Segregated Witness?
1 What is Segregated Witness? Segregated Witness, or SegWit (literally “segregated witness”), is an implemented upgrade to the Bitcoin protocol proposed by the Bitcoin Core development team. Its aim is to optimise block capacity, which in turn should help address Bitcoin’s scalability, block congestion, confirmation speed and fees. Put simply, SegWit increases blockchain efficiency without increasing the block size.
Not Just Bitcoin: Top 6 Altcoins Supporting Segregated Witness
SegWit might be one of the burning issues concerning Bitcoin’s scaling up, however, it has gone beyond the first cryptocurrency.
Chinese Ultimatum: Miners Discuss Switching to Bitcoin Classic
Bitcoin scalability debate gained steam as 8btc.com published details of the Bitcoin Classic implementation proposal discussed by miners of China.
Lightning, Halving and ToTheMoon
On June 6, bitcoin miners have produced block #415,000. It means that mining reward will halve in less than 5,000 blocks or 42 days.
New Bitcoin Core Release: TimeLocks, Scripts, and Other Features of v 0.12.1
Bitcoin Core developers have announced they release the new version of Bitcoin network client numbered 0.12.1. The release features a new mechanism of soft-fork deployment BIP9, which in turn activates proposals BIP68, BIP112, and BIP113. More About the BIPs BIP68 allows miners to prohibit a transaction until a specified moment in time or until the transaction […]
The Bitcoin Roundtable Proposes Hard-Fork Timeline
Following an 18 hour-long meeting in Hong Kong, a group of miners representing nearly 80% of the network’s hash power, alongside with representatives of several prominent exchanges, issued a timeline for introducing a hard-fork solution.We use cookies to improve the quality of our service.
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