When will Bitcoin SegWit be activated?

3 answers

• Nov 26, 2021 · 3 years ago
  Bitcoin SegWit has already been activated. It was activated on August 23, 2017, through the deployment of BIP 91 and BIP 141. SegWit, short for Segregated Witness, is a protocol upgrade that increases the block size limit on a blockchain. It aims to improve transaction speed and reduce fees. With SegWit activated, Bitcoin transactions can now include more data, resulting in faster and cheaper transactions.
  409205
• Nov 26, 2021 · 3 years ago
  Bitcoin SegWit was activated on August 23, 2017. It was a significant milestone for the Bitcoin network, as it addressed the scalability issue by increasing the block size limit. This upgrade allows for more transactions to be processed in each block, improving the overall efficiency of the network. As a result, transaction fees have decreased, and the confirmation times have become faster. The activation of SegWit has been widely embraced by the Bitcoin community and has paved the way for further innovations in the cryptocurrency space.
  543181
• Nov 26, 2021 · 3 years ago
  Bitcoin SegWit was activated on August 23, 2017. This upgrade was a collaborative effort by the Bitcoin community to address the scalability and transaction malleability issues. By separating the transaction signature data from the transaction data, SegWit allows for more transactions to fit into each block, increasing the network's capacity. As for the activation status, it is important to note that SegWit is already active and fully functional. However, its adoption by wallets and exchanges may vary. It is recommended to use SegWit-enabled wallets and exchanges to take full advantage of the benefits it offers, such as lower fees and faster transactions.
  663166