As suggested a few days ago, Coinbase rolled out support for SegWit today, according to a blog post on Medium.
SegWit enables lower transaction fees for Bitcoin and, most importantly, it opens the way to more improvements, like Lightning Network (or "off-chain" transactions).
It's interesting to note that Coinbase warned their customers not to send Bitcoin Cash to SegWit enabled Bitcoin address, as this will result in loss of funds.
The announcement has 2 other major points, in my opinion:
- the fact that Coinbase officially announced plans for Lightning Network
- the fact that they have a full time engineer working on Open Source Bitcoin projects (most likely including Lightning Network)
The markets continue to be dormant and not much reaction have been observed so far after this news.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me .
Wanna know when you're getting paid?
|
|
I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |