SegWit

A Guide to Saving on Bitcoin’s High Transaction Fees

The average bitcoin transaction fee is $23. Luckily, there are ways to cut costs.

Tech  ·  26 February 2021

NetWalker Ransomware Gang Is Storing $7M in Bitcoin in SegWit Cold Storage

The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace.

News  ·  3 August 2020
Transaction Fees

Bitcoin Scaling Tech Could Have Saved Companies and Users $500M in Fees: Report

Implementing transaction batching and SegWit could have saved bitcoin companies and users $500 million in fees – if they'd just use the technology.

Tech  ·  29 July 2020
Bitcoin

After Years of Resistance, BitPay Adopts SegWit for Cheaper Bitcoin Transactions

Payments processor BitPay has added support for SegWit, three years after a competing block size proposal fractured the Bitcoin community.

Business  ·  2 July 2020
BitMEX

BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds

Average fees paid by bitcoin users spike at a certain time every day due to the actions of one firm, derivatives exchange BitMEX, a researcher found.

Tech  ·  5 May 2020
Exchanges

Gemini Is Now the Largest Bitcoin Exchange to Add ‘Full’ SegWit Support

Gemini says it has added "full" support for SegWit, an important bitcoin code change that paves the way for scaling improvements.

Tech  ·  17 April 2019
Bitcoin

One Year Later, What’s Holding Back SegWit Adoption on Bitcoin?

SegWit was activated on the bitcoin network over a year ago. But only an estimated 36 percent of all bitcoin transactions are using it. Why?

Tech  ·  17 January 2019
Bitcoin

Bitcoin Core Releases Software Upgrade With Full SegWit Support

The Bitcoin Core 0.16.0 update has been officially released, introducing full support for the SegWit wallet and user interfaces.

Tech  ·  26 February 2018
Bitcoin

Bitcoin Fees Are Down Big: Why It Happened And What It Means

Not so long ago bitcoin's transaction fees were over $20, but now they're down to around $3 again. CoinDesk explores why.

Tech  ·  23 February 2018
Bitcoin

New Bitcoin Code Will Finally Boast Full SegWit Support

An upcoming Bitcoin Core software release is finally making it easier to use a code change called SegWit in the software's standard wallet.

Tech  ·  20 February 2018
Bitcoin

Funny Name or Not, Schnorr Is a Big Deal for Bitcoin

Schnorr signatures are seeing renewed interest from bitcoin developers. But what is the technology and why is it seeing so much attention?

Tech  ·  12 February 2018
Bitcoin

How to Save on Bitcoin’s Soaring Fees

Transaction fees are the talk of the bitcoin ecosystem, with many users upset by the rising cost to send funds, but there are simple ways to cut fees.

Tech  ·  23 January 2018
Bitcoin

How to Stop Worrying and Love the Fork

It's going to be a stressful month for bitcoin, but in the big picture, breakups can be healthy for the ecosystem – and possibly for society.

Tech  ·  7 November 2017
Bitcoin

Hold the Fork: No 2x But Everything Else Goes at Scaling Bitcoin Event

Day one of Scaling Bitcoin 2017 presented a change of pace for an event that grew out of the network's technical contention.

Tech  ·  5 November 2017
Bitcoin

Just SegWit? Bitcoin Core Is Already Working on a New Scaling Upgrade

Bitcoin developers are making progress on Schnorr, a function for aggregating signatures and in turn, a way to increase the capacity of the network.

Tech  ·  12 October 2017