Prior to February, dozens of bitcoin wallets and exchanges - including Electrum, Ledger, LocalBitcoins, and Wirex - have already
implemented SegWit much to the appreciation of their customers.
Later, in September 2017, when the Bitcoin blockchain network
implemented SegWit, atomic swaps were being tested there as well.
Several major bitcoin wallets and exchange have
implemented SegWit in the past few weeks, which has led to a substantial increase in SegWit Transactions.
Coinbase, one of the world's biggest cryptocurrency exchanges,
implemented the SegWit technology last month.
Because BCH has raised its block size to 8 MB and hasn't
implemented SegWit like BTC, the BCH developers must create their own developments from start to finish.
Just because someone
implemented SegWit into their wallet doesn't mean they support it and would vote for it.»
«The wallets we talked to said
they implemented SegWit in case it will activate, not because they love SegWit or want it activated,» Oldenburg continued.
This all stems from the fact that Coinbase has still not
implemented SegWit transactions.
The Litecoin blockchain
implemented SegWit on 10th May 2017, with a community consensus of 95 %.
The weekend meanwhile saw increasing debate over the idea of an alternative way of
implemented SegWit.
Note: At the moment of this writing, Coinbase still hasn't
implemented Segwit so a Litecoin address starting with an M might bother them (you'll know because their interface will warn you).
Bitcoin Core
implemented Segwit, but the percentage of their usage is disappointingly low even after all this time — both with users and software — which is why Bitcoin transactions are still so slow and expensive.
DigiByte
implemented Segwit after Litecoin..
Thanks to the latest improvements in Bitcoin Core, we are happy to announce that HolyTransaction
implemented the SegWit technology to improve the Bitcoin network capacity and reduce the net work fees.
Bitcoin also
implemented Segwit on August 1 (which led to the infamous fork of Bitcoin and Bitcoin Cash), but it has yet to fully embrace the Lightning Network.
There are still a number of wallet and exchanges which have not
implemented SegWit.
We're happy to announce that we have
implemented SegWit into the Bitwala Wallet!
We're happy to announce that we have
implemented SegWit into the Bitwala Wallet!
No we have not
implemented SegWit yet.
We are actively looking into
implementing SegWit and will be in touch soon with updates.
While Abra has shown public support for the SegWit upgrade to Bitcoin as well as the currently pending SegWit2X plan to
implement both SegWit along with a base block size increase to 2 MB, we will ultimately support the Bitcoin blockchain representing the longest chain with the most historical hashing power and difficulty associated with it.
In contrast, Litecoin was quick to
implement SegWit, a potential fix for circumventing block size limitations, alongside various anti-spam measures, which have kept the currency's transactions times much quicker than Bitcoin's.
For example, main Bitcoin exchanges, such as Bitfinex and Coinbase, are already
implementing SegWit to trade Bitcoin.
In effect, the latest Bitcoin core version signals the disappearance of arguments for not
implementing SegWit.
We wanted to give our customers an update on Bitcoin Segregated Witness (SegWit) transactions: we are planning to
implement SegWit in 2018.
Segwit2x is a hybrid of the solutions proposed above:
It implements SegWit followed six months later by a hard fork increase in the block size limit from 1 to 2 MB.
Bitmain in particular has explicitly stated their refusal to
implement SegWit if it's not combined with a hard fork increase of the block size limit, and its pools — which include the BTC.com mining pool — have enough signaling power to block SegWit's activation.
Who Supports UASF Lately, there has been a lot of talk regarding the possible activation of a User Activated Soft Fork (UASF) in order to
implement the SegWit proposal without the need to reach miner consensus.
Newbery: Customers Should Vote With Their Feet In a series of tweets, Gallippi, whose payment provider is yet to
implement SegWit, implied Bitcoin was unspendable by over half of wallets.
Currently, Bitcoin is tackling a process of attempting to
implement SegWit to decrease costly customer transaction fees and increase transaction capacity.
But it won't
implement the SegWit upgrade that allows more transactions to be handled by secondary systems.
Martin said she's proud of the bitcoin community for the way developers freely contributed their time and resources to
implement SegWit, even though the scaling roadmap initially faced widespread resistance.
If Litecoin can successfully
implement SegWit and Lightning Networks, it may show the Bitcoin community that these features are clearly the way to once and for all resolve the capacity issue.
A few months ago Lee and the Litecoin community decided to work on
implementing SegWit into Litecoin.
Implementing SegWit will also allow Litecoin to experiment with something called Lightening Networks — which would essentially allow for instant Litecoin payments off the main blockchain, with transactions only settling on the chain when they need to.
Much like P2SH, most won't be
implementing SegWit from scratch, but will instead use one of the many Bitcoin libraries that has done the protocol level work and effectively pushed the additional complexity under the hood.
By
implementing SegWit internally, Luno has managed to reduce the send fees paid by customers
By
implementing SegWit internally, Luno has managed to reduce the send fees paid by customers by over 25 % already.
Litecoin is not the first to
implement Segwit.
Since its activation, developers have been increasingly integrating SegWit into Bitcoin wallets, and many exchanges have been
implementing SegWit.
People have a right to be angry, because if Coinbase
implements SegWit they will push the fees lower and will alleviate so much of people's expenses.
Already some of the major Bitcoin exchanges e.g. Coinbase and Bitfinex have started to
implement SegWit to trade Bitcoin.
Increasing the block size soonish, and
implementing segwit after the vetting process seems to be a smart approach.
Apart from the obvious benefits from Coinbase and Bitfinex
implementing Segwit it will also come with the advantage of being the «industry standard» (or get behind)
This has not gone unnoticed with a number of them signing a petition to get Coinbase to
implement SegWit support.
On 21 February, the majority of bitcoin industry leaders together with many Bitcoin Core developers agreed to
implement the SegWit in April and activate a hard - fork solution by July 2017.
Specifically, BTC.com and LocalBitcoins.com are
implementing SegWit from the first business day of 2018.
Earlier, Coinbase announced its plans to
implement SegWit for Bitcoin in 2018 with a view to make Bitcoin transactions cheaper and faster.
There's been talk of
them implementing Segwit in 2018, but that's about as precise as they've got.
Antpool, the biggest mining pool in the Bitcoin ecosystem with over 14 % of the global hashrate, has mined its first SegWit2x block today, signaling approval for the ambitious scaling agreement that seeks to
implement the SegWit soft fork and a subsequent hard fork to increase block size capacity to 2 MB.