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

3 answers

• DianroanOct 25, 2024 · 10 months 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.
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• Dmitry ShulgaDec 05, 2021 · 4 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.
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• darknightzmNov 26, 2021 · 4 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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