Bitfinex and Coinbase now support SegWit. Bitcoin investors can expect to see lower fees and faster processing times, but please remember that SegWit has been implemented for Bitcoin only, and not Bitcoin Cash.
BTCC founder Bobby Lee discuses SegWit2x and China’s bitcoin exchange ban on Reddit AMA.
The Bitcoin Segwit2x fork will temporarily result in two bitcoin blockchains. Following the fork, Coinbase will continue referring to the current bitcoin blockchain as Bitcoin (BTC) and the forked blockchain as Bitcoin2x (B2X).
The value of the digital currency reaches a 30-day high amid warnings of high volatility it could experience after SegWit2x activation next month.
The proposal is written under the assumption that the signatories to the Consensus 2017 Scaling Agreement are genuinely committed to the terms of the agreement and intend to enact the updates described therein.
Litecoin’s huge support is seen as a culmination of several weeks of investor excitement.
Segregated Witness has been added to the bitcoin core code on October 27th, offering a range of advantages like malleability fix and an effective block size limit increase.