Cryptocurrency Q&A Is native SegWit Bitcoin network?

Is native SegWit Bitcoin network?

SamuraiCourage SamuraiCourage Fri Nov 29 2024 | 6 answers 1401
I'm trying to understand if the SegWit technology is native to the Bitcoin network. I want to know if SegWit is an integral part of Bitcoin or if it's an add-on feature. Is native SegWit Bitcoin network?

6 answers

Thunderbolt Thunderbolt Sun Dec 01 2024
Another key goal of this upgrade is to reduce transaction fees.

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BitcoinBaroness BitcoinBaroness Sun Dec 01 2024
Bitcoin Native SegWit marks a pivotal advancement in the transaction format of Bitcoin (BTC).

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benjamin_brown_entrepreneur benjamin_brown_entrepreneur Sun Dec 01 2024
This upgrade is designed with the primary objective of enhancing scalability.

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CharmedVoyager CharmedVoyager Sun Dec 01 2024
By improving scalability, Bitcoin Native SegWit aims to alleviate congestion on the network.

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Andrea Andrea Sat Nov 30 2024
Lower fees make it more accessible and economically viable for users to conduct transactions.

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