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What is the specific date for the activation of Bitcoin SegWit?

avatarEliza LockhartFeb 17, 2022 · 3 years ago3 answers

Can you please provide me with the exact date when Bitcoin SegWit was activated?

What is the specific date for the activation of Bitcoin SegWit?
Bitcoin
SegWit
Activation Date

3 answers

  • avatarFeb 17, 2022 · 3 years ago
    Sure! Bitcoin SegWit was activated on August 23, 2017. This upgrade to the Bitcoin protocol aimed to improve the scalability and efficiency of the network by increasing the block size limit and enabling the implementation of second-layer solutions like the Lightning Network. With SegWit, Bitcoin transactions became faster and cheaper, benefiting both users and businesses.
  • avatarFeb 17, 2022 · 3 years ago
    The activation date for Bitcoin SegWit was August 23, 2017. This upgrade was a significant milestone for the Bitcoin network, as it addressed the long-standing issue of transaction malleability and paved the way for further innovations in the cryptocurrency space.
  • avatarFeb 17, 2022 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, Bitcoin SegWit was activated on August 23, 2017. This upgrade was a crucial step in improving the scalability of the Bitcoin network and reducing transaction fees. With SegWit, the Bitcoin blockchain can handle more transactions per second, making it more efficient and user-friendly.

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