BitMEX Will Introduce Bitcoin SegWit Support


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Home Crypto BitMEX Will Introduce Bitcoin SegWit Support BitMEX Will Introduce Bitcoin SegWit Support BitMEX has announced changes to its operations, aiming to improve Bitcoin transaction efficiency by adding SegWit support. What Is SegWit? Segregated Witness (SegWit) was activated on Bitcoin on Aug. 24 2017. The update allows Bitcoin to carry more transaction data in a single block, effectively increasing Bitcoin’s block size from 1 MB to 4 MB. SegWit saw at least some early adoption. By late 2019, 55% of addresses used the feature. However, three years after its introduction, the number of addresses making use of the improvement...