Cryptocurrency Q&A What does SegWit BTC mean?

What does SegWit BTC mean?

Sara Sara Sun Dec 22 2024 | 7 answers 1617
SegWit BTC refers to the implementation of Segregated Witness (SegWit) technology in the Bitcoin network. SegWit is a soft fork that changes the transaction format of Bitcoin, aiming to improve its scalability, efficiency, and security. By separating the signature data from the transaction, SegWit allows for more transactions to be included in a block, effectively increasing the block size limit and enabling faster transaction processing. What does SegWit BTC mean?

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