SegWit is an optional update that requires users to implement it, a soft fork. When a major platform, for example Coinbase, implements something like this it can substantially increase transaction speeds and lower transaction fees.
The thing to keep in mind here is that Bitcoin is software. It can be updated. Problems that it has today aren’t necessarily going to be the problems of the future.
Thomas DeMichele has been working in the cryptocurrency information space since 2015 when CryptocurrencyFacts.com was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...
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