SegWit


Tech

Bitcoin Community Erupts in Existential Debate Over NFT Project Ordinals

Some are calling the new protocol, which stores NFTs on Bitcoin, an attack on the blockchain's original mission to conduct financial transactions. Others say the new use case should be embraced alongside other demands for block space.

Bitcoin community members are of two minds on bringing NFTs to the blockchain. (PM Images/Getty Images)

Markets

Bitcoin’s Taproot Upgrade Might Already Be Priced In

The Taproot upgrade has highlighted some investors’ skepticism of the Bitcoin network’s ability to adapt and expand.

(Markus Spiske, UnSplash/modified by CoinDesk)

Tech

A Guide to Saving on Bitcoin's High Transaction Fees

The average bitcoin transaction fee is $23. Luckily, there are ways to cut costs.

There are ways to save some sats on bitcoin transaction fees.

Markets

NetWalker Ransomware Gang Is Storing $7M in Bitcoin in SegWit Cold Storage

The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace.

(Ilya Pavlov/Unsplash)

Tech

Bitcoin Scaling Tech Could Have Saved Companies and Users $500M in Fees: Report

Implementing transaction batching and SegWit could have saved bitcoin companies and users $500 million in fees – if they'd just use the technology.

(Ray Reyes/Unsplash)

Finance

After Years of Resistance, BitPay Adopts SegWit for Cheaper Bitcoin Transactions

Payments processor BitPay has added support for SegWit, three years after a competing block size proposal fractured the Bitcoin community.

SegWit inventor Pieter Wuille speaks in 2015. (Scaling Bitcoin)

Tech

BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds

Average fees paid by bitcoin users spike at a certain time every day due to the actions of one firm, derivatives exchange BitMEX, a researcher found.

BOTTLENECK: If too many bitcoin transactions are sent at one time, miners prioritize ushering through those with higher fees. Those with smaller fees must wait. (Credit: Shuttertsock)

Markets

Gemini Is Now the Largest Bitcoin Exchange to Add 'Full' SegWit Support

Gemini says it has added "full" support for SegWit, an important bitcoin code change that paves the way for scaling improvements.

binary, code

Markets

One Year Later, What's Holding Back SegWit Adoption on Bitcoin?

SegWit was activated on the bitcoin network over a year ago. But only an estimated 36 percent of all bitcoin transactions are using it. Why?

hourglass, time

Markets

Bitcoin Core Releases Software Upgrade With Full SegWit Support

The Bitcoin Core 0.16.0 update has been officially released, introducing full support for the SegWit wallet and user interfaces.

bitcoin construction

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