Cryptocurrency Q&A
When was SegWit updated on Bitcoin?
When was SegWit updated on Bitcoin?
CryptoLordess
Mon Dec 02 2024
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6 answers
1424
SegWit was first deployed as part of the SegWit2x upgrade on Bitcoin, with the initial phase completed in August. The second part, involving a block size increase to 2M, was planned for November but faced community divisions, potentially leading to a hard fork.
6 answers
IncheonBeauty
Wed Dec 04 2024
Wuille's proposal aimed to enhance the efficiency and scalability of the Bitcoin network.
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Chloe_jackson_athlete
Wed Dec 04 2024
SegWit separates transaction signatures from transaction data.
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Enrico
Wed Dec 04 2024
By doing so, it reduces the size of transactions and allows for more transactions to be processed per block.
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Michele
Wed Dec 04 2024
Segregated Witness, also known as SegWit, represents a significant alteration to the Bitcoin blockchain.
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BitcoinWizardry
Wed Dec 04 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the evolving needs of the crypto market. These services include spot trading, futures trading, and a secure wallet solution.
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