What is the activation date for SegWit in the cryptocurrency industry?
intellectualDec 24, 2021 · 3 years ago3 answers
Can you please provide the activation date for SegWit in the cryptocurrency industry? I am curious to know when this important update will be implemented.
3 answers
- Dec 24, 2021 · 3 years agoSegWit was activated on August 24, 2017, in the cryptocurrency industry. This update brought significant improvements to the Bitcoin network, including increased transaction capacity and reduced fees. It was a highly anticipated event that had a positive impact on the overall scalability of Bitcoin.
- Dec 24, 2021 · 3 years agoSegWit activation in the cryptocurrency industry took place on August 24, 2017. This update was a major milestone for Bitcoin as it addressed the long-standing issue of transaction malleability and paved the way for further scalability improvements. It was a significant step towards making Bitcoin a more efficient and scalable digital currency.
- Dec 24, 2021 · 3 years agoSegWit was activated in the cryptocurrency industry on August 24, 2017. This important update introduced a new transaction format that separated the signature data from the transaction data, resulting in increased transaction capacity and improved security. It was a crucial development for the cryptocurrency industry and has since been adopted by many other cryptocurrencies.
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