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segregated witness segwit what is segwit

What Is SegWit - Explaining Segregated Witness

Written By Ivan on Tech

Oct 11, 2020

If you've seen the phrases 'SegWit friendly', or 'SegWit approved', and wondered 'what is Segwit?', you have come to the right place! In this article we answer some common questions regarding this segregated witness protocol such as, 'what is SegWit?', how does SegWit work?', and 'what are the benefits of SegWit?'. We shall explain how the transition happened, why it does not apply to all blocks, and what happens to these legacy or non-Segwit transactions.

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What is SegWit: Overview

Segregated Witness - commonly known just as SegWit - is a Bitcoin protocol update that fixed issues of transaction malleability and served as a way...

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