Segregated Witness

Wait…What Happened to Bitcoin Transaction Fees?

6 months ago admin2 Comments Off on Wait…What Happened to Bitcoin Transaction Fees?
To many regular participants in the Bitcoin economy, there may have been a sense that in the final months of 2017 transaction fees were rising quite significantly. There was a noticeable increase in transaction traffic across the latter part of the year, with an initial spike of high fees in late November preceding a huge Read More

Coinbase to Integrate SegWit by February

6 months ago admin2 Comments Off on Coinbase to Integrate SegWit by February
Coinbase, the world’s largest cryptocurrency brokerage, wallet, and exchange which also operates GDAX, the Global Digital Asset Exchange, has officially announced that it will complete the integration of Segregated Witness (SegWit) in the coming weeks. Our engineering team has begun the final testing phase of SegWit for Bitcoin on Coinbase. SegWit compatible Bitcoin sends/receives will Read More

Op-Ed: Bitcoin’s High Fees are Forcing Companies to Optimize Their Interactions with the Blockchain, And That’s a Good Thing

7 months ago admin2 Comments Off on Op-Ed: Bitcoin’s High Fees are Forcing Companies to Optimize Their Interactions with the Blockchain, And That’s a Good Thing
There have been quite a few proposals to raise Bitcoin’s block size limit by way of a hard fork over the past three years, but none of them were able to gain consensus among the nodes on the network. The key selling point of such an increase to the block size limit has always been Read More

BTC.com Lowers Bitcoin Transaction Costs Through Dynamic Fees and SegWit

7 months ago admin2 Comments Off on BTC.com Lowers Bitcoin Transaction Costs Through Dynamic Fees and SegWit
BTC.com, the first bitcoin wallet platform in the cryptocurrency market to integrate Bitcoin Cash and SegWit simultaneously, has recently implemented a dynamic fee system to automatically calculate the lowest fee users can attach to have their transactions processed on the Bitcoin blockchain network. In a blog post published on January 11th, the BTC.com development team Read More

A New Bitcoin Scaling Solution: Better Infrastructure For Micropayments

9 months ago admin2 Comments Off on A New Bitcoin Scaling Solution: Better Infrastructure For Micropayments
Over the past two years, the majority of bitcoin developers in both the open-source development community and private sector have advocated for the integration of second-layer payment channels like Lightning, to enable micropayments or small transactions with lower fees. Given the 1 MB block size limit of the bitcoin blockchain, it is not currently possible Read More