Monthly Archives: November 2023

Segregated Witness (SegWit)

Segregated Witness (SegWit) is a Bitcoin Improvement Proposal (BIP) designed to address the issue of transaction malleability in the Bitcoin network. This proposal aims to fix the problem by separating the witness data from the transaction data, allowing for more efficient and secure transactions. By implementing SegWit, the Bitcoin network can achieve increased scalability and improved transaction confirmation times. This solution has gained significant support from the Bitcoin community and has been successfully implemented in the Bitcoin network. Segregated Witness (SegWit) is a crucial development in the ongoing evolution of Bitcoin.

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