What is Segwit? Explained To A Child

in #bitcoin • 7 years ago

SegWit is short for segregated witnesses and it is a proposal presented by the Bitcoin Core team. It comes in the form of a soft fork, a forward compatible upgrade that can work even if some users don’t update their software (without resulting in a chain split). It was released on the 0.13.1 version of Bitcoin Core client.

#cryptocurrency #segwit #softfork #blockchain
7 years ago in #bitcoin by
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