Bitcoin SegWit

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf Bitcoin protocol upgrade
gptkbp:abbreviation gptkb:SegWit
gptkbp:activatedBy 2017-08-24
gptkbp:appliesTo gptkb:Bitcoin
gptkb:Litecoin
gptkbp:BIPNumber gptkb:BIP141
gptkbp:category blockchain protocol upgrade
cryptocurrency technology
gptkbp:changes transaction format
gptkbp:enables gptkb:Lightning_Network
bech32 addresses
gptkbp:fullName gptkb:Bitcoin_Segregated_Witness
https://www.w3.org/2000/01/rdf-schema#label Bitcoin SegWit
gptkbp:improves gptkb:security
scalability
block weight limit to 4MB
gptkbp:introduced gptkb:Pieter_Wuille
gptkbp:proposedBy gptkb:Eric_Lombrozo
gptkb:Pieter_Wuille
gptkb:Johnson_Lau
2015-12-21
gptkbp:purpose fix transaction malleability
increase block capacity
enable second-layer solutions
gptkbp:reduces transaction fees
gptkbp:removes witness data from main block
gptkbp:type soft fork
gptkbp:bfsParent gptkb:Eric_Lombrozo
gptkbp:bfsLayer 6