How SegWit Supercharged Bitcoin's Transaction Capacity
By 2015, Bitcoin was hitting a wall. Fees were climbing, confirmations were taking hours, and the community was tearing itself apart over how to fix it. Segregated Witness—SegWit to everyone who wo...
Source: be1crypto.com
By 2015, Bitcoin was hitting a wall. Fees were climbing, confirmations were taking hours, and the community was tearing itself apart over how to fix it. Segregated Witness—SegWit to everyone who works in the space—was the technical solution that mostly resolved these problems without splitting the network. It didn’t just improve Bitcoin’s performance metrics; it…