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What is the activation date for SegWit in the cryptocurrency industry?

avatarintellectualDec 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.

What is the activation date for SegWit in the cryptocurrency industry?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    SegWit 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.
  • avatarDec 24, 2021 · 3 years ago
    SegWit 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.
  • avatarDec 24, 2021 · 3 years ago
    SegWit 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.