do SegWit as a hard fork. Unfortunately, Bitcoin is deadlocked with SegWit versus Bitcoin Unlimited. This means that the SegWit upgrade is compatible with the previous protocol, and avoids the need for a hard fork. And while both Lee and Romano agree that implementing SegWit is not that difficult, code review can take some time. That said, one of the biggest mining pools on the Viacoin network is F2Pool. Currently placed at 121 on the CoinMarketCap digital currency index, Viacoin is a relatively small digital currency, but one with a notable history: Bitcoin Core developers BtcDrak and Peter Todd were previously involved with the project. Scalability is a side benefit. One email a day for 7 days, short and educational, guaranteed. It was activated on litecoin on, may 10, 2017, and on bitcoin on 23 August, 2017.
Once malleability is fixed, much more exciting things will be possible, like atomic swaps, bi-directional payment channels, and lightning networks. So, SegWit does not increase the block size limit, but it does enable a greater number of transactions within the 1MB blocks. In spite of the obvious advantages, the rollout of the upgrade is moving slowly. The main reason is that many wallets have yet to add, segWit support. As such, altcoins based on Bitcoins codebase can take the code and implement the solution. Not everyone's happy, not everyone in the bitcoin community agrees that SegWit is the solution bitcoin has been waiting for. For Viacoin, which previously activated the. It will also provide a much cleaner method of upgrading the scripting language after activation. Also active on the Bitcoin network, the Chinese pool currently isnt signaling support for SegWit. It's fixing malleability, and making scripting more easy to upgrade, as well.
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