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What is Segwit (Segregated Witness)?
Crypto Glossary Definition
An upgrade to the Bitcoin protocol where signature data is removed from transactions, allowing more transactions to fit in a single block, increasing the speed of the network.
Why Segwit (Segregated Witness) Matters
SegWit was a 2017 Bitcoin protocol upgrade that restructured how transaction data is stored, effectively increasing block capacity and fixing a technical issue that had been blocking further scaling upgrades like the Lightning Network.
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