© Reuters. Share of SegWit-Spending Bitcoin Transactions Now Over 50%
The percentage of Segregated Witness (SegWit)-spending (BTC) transactions has reached 50.5%, or an all-time high, according to transactionfee.info statistics.
SegWit is a proposed update to the Bitcoin Core, which is designed to reduce processing and wait times. Originally, the update was aimed at solving transaction malleability, a well-known weak spot in Bitcoin software. However, SegWit offers a range of other advantages and now the focus of attention has shifted from fixing transaction malleability to solving the problem of Bitcoin scaling.
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