Final Countdown: Bitcoin Core’s Segwit to be Released After Long Testing

Bitcoin Core’s innovative solution designed to scale the Bitcoin network by moving witness data outside the traditional block structure is finally approaching its release.
The Bitcoin Core team announced on Twitter that the Segregated Witness release is on its ‘final countdown,’ with various tests and necessary information in place to upgrade the Bitcoin network.
Segregated Witness is a sophisticated scaling technology designed to provide two major benefits to Bitcoin miners, users, and businesses: elimination of malleability and capacity increase. Initially, the Segwit proposal was drafted as a solution to the ongoing block size debate. It attempted to decrease the block size of the Bitcoin network by allowing new-style blocks to hold more data than older-style blocks.
The Bitcoin Core team and the majority of the Bitcoin community believed that Core’s Segwit is the right way to approach the block size debate, instead of the irrational implementation of hard forks that may potentially cause harm to the network.

This post was published at Coin Telegraph on 2016-09-28.