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Market Preference for Larger Blocks Led to SegWit Adoption | Flash News Detail | Blockchain.News
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10/22/2024 3:00:47 PM

Market Preference for Larger Blocks Led to SegWit Adoption

Market Preference for Larger Blocks Led to SegWit Adoption

According to BitMEX Research, the decision for larger block sizes in the Bitcoin network was driven by the preferences of miners, users, and the market, ultimately leading to the adoption of Segregated Witness (SegWit). This change reflects the community's choice to enhance transaction capacity and efficiency.

Source

BitMEX Research

@BitMEXResearch

Filtering out the hype with evidence-based reports on the cryptocurrency space, with a focus on Bitcoin.