SegWit1X

Decemer 26, 2017

Siguro nabalitaan na ninyo ang biglang pagtaas ng presyo ng BTC o Bitcoin. Alam ba ninyo na may gulo diyan at ang naturang BTC ay hindi na raw maiituturing na Bitcoin?

Sandali muna…

What is SegWit1X?

The word SegWit comes from the phrase Segregated Witness, which is a consensus layer that was intended to mitigate a blockchain size limitation problem that reduces Bitcoin transaction speed. SegWit does this by splitting the transaction into two segments, removing the unlocking signature (“witness” data) from the original portion and appending it as a separate structure at the end. The original section would continue to hold the sender and receiver data, and the new “witness” structure would contain scripts and signatures. The original data segment would be counted normally, but the “witness” segment would, in effect, be counted as a quarter of its real size.

Tokens in the SegWit chain are referred to as SegWit1X (BTC) and SegWit Gold (SWG) — they are no longer considered Bitcoin in the original sense of the term.

Bitcoin Cash (BCC/BCH) is the only true Bitcoin as intended in 2009 by the original Satoshi whitepaper.

To clarify, Bitcoin BCH is the only public blockchain today that offers safe and cheap micro-transactions, as envisioned by Satoshi Nakamoto in his whitepaper.

BTC = SegWit1X

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