13% of Nodes Support SegWit Release, BitGo Runs Core 0.13.1

Last week, Bitcoin Core version 0.13.1 was released, officially bringing Segregated Witness (SegWit) to Bitcoin. 4 days in, 13.7% of Bitcoin nodes has already upgraded to Bitcoin Core 0.13.1, supporting the activation of SegWit.
SegWit is an innovative scaling technology developed and introduced by the Bitcoin Core development team. Once it reaches a soft fork activation threshold, it will separate the transaction signatures from the initial transactional data, which immediately increases the capacity of blocks and eliminate transaction malleability.
Like all soft forks, the SegWit release (0.13.1) requires 95% of network hashpower to become activated. However, it is still difficult to speculate the future of SegWit due to the decisions of several major miners to prevent the SegWit release.

This post was published at Coin Telegraph on 2016-11-01.