Flyp.me, the instant accountless exchange, now supports SegWit for Bitcoin and Litecoin transactions. Flyp.me implemented the SegWit technology to improve the Bitcoin and Litecoin network capacity and reduce the network fees.
The Flyp.me exchange is live with 15 cryptocurrencies and is as simple to use as sending a transaction and receiving your exchanged crypto straight to your wallet.
It is private, shares 50% of the profits and uses distributed policy-making to take the best path for the community and its service. The exchange doesn’t require any registration or email: only the user’s crypto address.
It is fast as there is no need to wait for your deposit to hit the account because there is no account signup required. The amount exchanged is sent back to the user as soon as the user’s transaction is confirmed on the blockchain.
What’s SegWit?
SegWit makes it possible to rearrange the information in a block, consequently the block size stays the same but contains more information. It makes transaction processing more cost-effective and reduces mining power. As of now, around 10% of all Bitcoin transactions pass in SegWit.