As a result of the latest Bitcoin Core 0.16 update, the usage levels of Bitcoin SegWit have been taking off. This significant uptick in usage levels can also be attributed to a number of major exchanges and wallet providers such as Coinbase and Bittrex finally implementing this technology into their platforms. This uptick means that there could be a significant decrease in global bitcoin transaction fees and times.
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This adoption will also lead to further significant improvements to Bitcoin in the future, such as the implementation of the Lightning Network which might allow transaction times and fees to trend close to zero.
This is an exciting time for Bitcoin and cryptocurrencies as a whole as a breath of fresh air has been blown into the markets, with prices reacting positively to this news...Click here to know the details story
AUTHOR
Jake Sylvestre
