Segregated Witness (SegWit) just recently hit a milestone in adoption with 48.1% of Bitcoin payments taking advantage of the upgrade. However, still, the majority of transactions have failed to implement the upgrade.
SegWit was intended to make Bitcoin’s future Lightning Network more efficient. It also brought with it a slight block size limit increase which has allowed the network to process more transactions. Yet, it seems that many Bitcoin wallets have not opted for upgrading to SegWit despite being released in August of 2017.
Bitcoin’s SegWit Adoption Reached All-Time High This Week
2 mins
By
Anton Lucian
Updated by
Adam James
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