SegWit
SegWit (Segregated Witness, 2017) moved transaction signatures out of Bitcoin's block size limit — effectively raising capacity without a hard fork — and f
SegWit (Segregated Witness, 2017) moved transaction signatures out of Bitcoin’s block size limit — effectively raising capacity without a hard fork — and fixed transaction malleability, which unblocked the Lightning Network and cleaner second layers.
Why it matters
SegWit was Bitcoin’s block-size war settlement: bigger blocks via accounting change instead of rule break. The lesson for analysts: Bitcoin upgrades by soft fork and rough consensus, slowly — which is exactly why its governance scores so highly, and why every change takes years of argument first.
Related terms
bitcoin ·
transaction · block