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SegWit Enables Immediate Blockspace Expansion | Flash News Detail | Blockchain.News
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10/22/2024 3:18:15 PM

SegWit Enables Immediate Blockspace Expansion

SegWit Enables Immediate Blockspace Expansion

According to BitMEX Research, while it is possible to choose larger blocks without implementing SegWit, the process is significantly slower. SegWit allows users to independently upgrade their systems, enabling immediate access to increased blockspace without waiting for network-wide upgrades. This can be advantageous for traders looking to optimize transaction speed and efficiency.

Source

BitMEX Research

@BitMEXResearch

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