Category Archives: Segwit

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Increased SegWit Adoption May have Finally Solved Bitcoin’s Fee Problem

Increased SegWit Adoption May have Finally Solved Bitcoin’s Fee ProblemA couple months after two of the largest cryptocurrency trading exchanges, Bitfinex and GDAX, finally adopted the bitcoin SegWit protocol, transaction fees for the currency are finally back to reasonable levels. Bitfinex, on February 20 2018, announced support for bitcoin deposit and withdrawals using P2SH Segregated… Read More »

Bitcoin Exchange Coinbase Launches SegWit Compatability

The post Bitcoin Exchange Coinbase Launches SegWit Compatability appeared first on CCN Coinbase have announced that the site will now be implementing SegWit on Bitcoin deposits and withdrawals. The transition is being implemented over the coming week, and should improve transaction speeds and lower fees. SegWit was introduced August of last year through BIP 141 (Bitcoin Improvement Proposal),… Read More »