Tag: Segwit

NewsBTC Bitcoin Cash to SegWit

Sending Bitcoin Cash to a SegWit-enabled BTC Address Becomes a Very Common problem No Comments

It appears Bitcoin Cash supporters have a major issue to contend with. This is not a protocol issue per se, but it can have major consequences. Anyone sending Bitcoin Cash to a SegWit-capable Bitcoin address will lose their money. As Both networks support P2SH and sending wallets cannot verify which blockchain the address resides on, it poses a financial risk. It appears quite a few people have al...


NewsBTC GreenAddress SegWit

GreenAddress Finalizes SegWit Integration with Opt-out Option No Comments

Bitcoin users all over the world are familiar with the GreenAddress service. It was one of the first wallets to introduce some advanced features we are accustomed to today. In the recent update, the platform now fully supporters SegWit. This is a big development, as not all Bitcoin wallets have implemented the upgrade yet. There are some other new features to enjoy as well. Plus, the team has grow...


NewsBTC Litecoin Core SegWit

Can Bitcoin Grow in the Same Manner as Litecoin did After Activating SegWit? No Comments

Segregated Witness is one of the most intriguing scaling proposals the cryptocurrency world has seen to date. It is already active in many altcoins, but not the currency it was initially designed for. Bitcoin has yet to reap the benefits of SegWit as we speak. With the activation locked in, good things will happen over time. If Bitcoin were to follow Litecoin's path, we may even see a price well a...


NewsBTC Zap Bitcoin Lightning Network

Lightning Network-capable Bitcoin Wallet Zap Will go in Public Beta Next Week No Comments

It looks as if Bitcoin users will soon be able to experiment with the Lightning Network. Zap, an LN-compatible Bitcoin wallet, announced its beta release not too long ago. This is a major development as far as Bitcoin scaling and improving transaction throughput are concerned. With SegWit activating in the near future, Zap comes at a most opportune time. This launch will help elevate Bitcoin to a ...


Bitcoin Network Locks in SegWit Activation, but What is Next? No Comments

The long wait is finally over for a lot of Bitcoin users. More specifically, the network has successfully locked-in SegWit activation. This software upgrade has caused a fair bit of debating but is mainly seen as a positive development. There is still a two-week waiting period before it effectively activates, though. The bigger question is what will be next for the Bitcoin network. Many speculator...


NewsBTC Roger Ver SegWit Fees too Cheap

Roger Ver Claims SegWit Transactions are “Unfairly Cheap” due to Alleged Core Subsidies No Comments

We have seen a fair share of strange statements in the cryptocurrency world lately. A lot of people are upset about high Bitcoin fees, which is understandable. However, Roger Ver has seemingly gone off the deep end as far as these discussions are concerned. He feels SegWit transaction on the Bitcoin network are "too cheap" right now. An odd statement for someone who recently claimed Bitcoin fees w...


HitBTC’s statement on Bitcoin Network potential fork No Comments

On July 23, 2017 Bitcoin ecosystem made the first step towards SegWit adoption by activating BIP91 protocol. Miners, developers and users are thrilled, waiting for UASF activation as known as BIP148, on August 1, 2017. It might lead to the hard fork. Leading cryptocurrency exchange HitBTC has published the official statement: HitBTC stands for SegWit activation. We believe that planned cha...


Poloniex Will not Provide Support for Any Potential Bitcoin Forks No Comments

The upcoming Bitcoin hard fork is a problem for cryptocurrency exchanges. Some platforms will support Bitcoin Cash, whereas others won't. One of the companies not supporting any future fork is Poloniex. That is a rather remarkable decision, to say the least. The company will not commit to supporting specific blockchains emerging after a potential split. Another reason to move money off Poloniex so...


NewsBTC Litecoin Core SegWit

The Litecoin Core Client Still Doesn’t Create SegWit Transactions By Default No Comments

Controversy is never hard to come by in the world of cryptocurrencies. Litecoin successfully activated Segregated Witness on the network months ago. Interestingly enough, the Litecoin Core client doesn't generate SegWit transactions by default. One would expect this to have changed by now, yet it hasn't for some unknown reason. This begs the question if there are any SegWit transactions on the Lti...


NewsBTC EMergent Consensus Bitcoin

SegWit2x and SegWit Support Officially Surpass Emergent Consensus No Comments

The world of Bitcoin scaling solution has seen another intriguing development. Over the past few months, multiple solutions have competed to be the winner. It now appears this debate is finally coming to a much-needed end. SegWit2x is at 84.9% support, and SegWit surpassed 42%. It is evident Emergent Consensus is no longer relevant at this stage. Extension blocks never even managed to gain any sig...


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