SegWits
SegWits is an informal term used to describe the proponents and implementations of Segregated Witness (SegWit) in Bitcoin and related networks. SegWit is a protocol upgrade that separates the digital signatures (the witness) from the rest of a transaction. By moving witness data outside the base transaction, SegWit increases the effective block capacity and fixes transaction malleability, a vulnerability that could alter transaction IDs before confirmation.
Technical overview: In SegWit, transaction data and witness data are stored separately. The protocol uses a
History and activation: SegWit was proposed in Bitcoin Improvement Proposals (notably BIP141) by Pieter Wuille and
Adoption and impact: SegWit’s deployment has become standard in modern Bitcoin software. Bech32 addresses are widely