Segregated Witness

GPTKB entity

Statements (44)
Predicate Object
gptkbp:instanceOf Bitcoin protocol upgrade
gptkbp:abbreviation gptkb:SegWit
gptkbp:activatedBy 2017-08-24
gptkbp:activatedOnNetwork gptkb:Bitcoin
gptkb:Litecoin
gptkbp:adoptedBy Bitcoin (accepted)
Bitcoin Cash (rejected)
Litecoin (accepted)
gptkbp:BIPNumber gptkb:BIP141
gptkbp:category gptkb:cryptocurrency
Bitcoin improvement proposal
cryptocurrency technology
gptkbp:changes transaction format
gptkbp:enables gptkb:Lightning_Network
cross-chain interoperability
sidechains
lower transaction fees
atomic swaps
future protocol upgrades
bech32 address format
witness discount
faster block propagation
improved multisig scripts
more transactions per block
native SegWit addresses
reduced UTXO growth
reduced transaction malleability
https://www.w3.org/2000/01/rdf-schema#label Segregated Witness
gptkbp:improves gptkb:security
scalability
gptkbp:proposedBy gptkb:Pieter_Wuille
2015
gptkbp:purpose fix transaction malleability
increase block capacity
enable second-layer solutions
gptkbp:reduces transaction size
gptkbp:relatedTo block size limit
Bitcoin scaling debate
gptkbp:separates witness data from transaction data
gptkbp:softFork true
gptkbp:bfsParent gptkb:SegWit
gptkb:BIP141
gptkb:BIP341
gptkbp:bfsLayer 7