Cryptotag

Victim of its success, the Bitcoin network faces congestion problems: cryptocurrency transactions take longer to be validated and fees are higher. It is in this context that Segwit came into being, bearing the improvement proposal number BIP141. This is a soft fork of Bitcoin that helps to address the scalability of the network. In addition to improving the performance of the ecosystem, this upgrade has also brought better security to transactions. But how does Segwit actually improve the BTC blockchain? We explain everything in this comprehensive guide.