Bitcoin Core developers managed to merge Segregated Witness into Bitcoin Core master repository branch. The bitcoin community congratulates developers on Reddit.
“The code that is being merged will include everything in SegWit except for the activation code. This will make it easy for developers to test other features on top of SegWit, such as compact blocks,” says the message from the team.Bitcoin community members are looking forward to testing the system. “Soon everyone will be able to run Segregated Witness on the
Bitcoin community members are looking forward to testing the system. “Soon everyone will be able to run Segregated Witness on the testnet,” says user da2ce7.According to Bitcoin Core press release, the merger does not mean implementation. The next steps include additional testing,
According to Bitcoin Core press release, the merger does not mean implementation. The next steps include additional testing, release of another bitcoin core version (0.12.2) and agreement of the miners to implement SegWit through the acceptance of the new bitcoin core version.SegWit, in terms of the developers, is a “soft fork”. It means that after implementation, only miners would be required to undergo immediate software upgrade. All other users can join in whenever they want without any risk of disconnection from the network. SegWit is also expected to temporarily solve the block size problem, freeing 1 MB of additional space within a block.
SegWit, in terms of the developers, is a “soft fork”. It means that after implementation, only miners would be required to undergo immediate software upgrade. All other users can join in whenever they want without any risk of disconnection from the network. SegWit is also expected to temporarily solve the block size problem, freeing 1 MB of additional space within a block.The decision to implement SegWit was the answer of the bitcoin community to the scalability crisis and bitcoin block size disagreement. The first time the title Segregated Witness was pronounced publicly in December 2015, at the Hong Kong meeting of the bitcoin community leaders. They discussed possible ways to resolve the problem of bitcoin scalability without any risk to the network.
The decision to implement SegWit was the answer of the bitcoin community to the scalability crisis and bitcoin block size disagreement. The first time the title Segregated Witness was pronounced publicly in December 2015, at the Hong Kong meeting of the bitcoin community leaders. They discussed possible ways to resolve the problem of bitcoin scalability without any risk to the network.On 20 April, Bitcoin Core developers released the first public version of the Segregated Witness. The protocol is still to be improved but is already available for download by everyone willing to upgrade.
On 20 April, Bitcoin Core developers released the first public version of the Segregated Witness. The protocol is still to be improved but is already available for download by everyone willing to upgrade.The complete code of the SegWit was published on the GitHub by one of the Bitcoin Core developers Pieter Wuille. The most important feature of the SegWit is that it allows more transactions to be included in each block due to the relocation of transaction parts containing digital signatures. Separate signature files will be put alongside the main blockchain. Now, the Bitcoin Core developers moved to the “merge” stage that will enable interested parties to study SegWit in greater detail before the full implementation
The complete code of the SegWit was published on the GitHub by one of the Bitcoin Core developers Pieter Wuille. The most important feature of the SegWit is that it allows more transactions to be included in each block due to the relocation of transaction parts containing digital signatures. Separate signature files will be put alongside the main blockchain. Now, the Bitcoin Core developers moved to the “merge” stage that will enable interested parties to study SegWit in greater detail before the full implementation.
Roman Korizky
