Coinbase Officially Launches SegWit Support For Bitcoin Transactions

in bitcoin •  7 years ago  (edited)


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Source:
https://blog.coinbase.com/announcing-segwit-support-on-coinbase-4e51117857c7

Update: No I am not one of the lucky ones. My Coinbase account is still generating old non-segwit addresses.


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Good news. This is definitely gonna help lower transaction fees. Moving BTC around was way too expensive.

I watch sum of your videos and always learning, keep up the good work, cheers!!

I believe Bitfinex is about or have done the same! Given they both account for over 10% of exchange volume, we would probably see transactions finally go over the 15% mark soon. Mine is already activated for both Bitcoin and Litecoin! 189AE9B4-0F99-43DD-853E-C2F9E8DC87FF.jpeg

Will this have a big impact on Bitcoin dominance? BTC is no doubt the leader and will atill be, but there are many big projects on the rise for 2018.

@marketingmonk this is really great news and really beneficial for coinbase users. The Segwit support for bitcoin is really improves the overall transaction capacity of the Bitcoin and also helps to reduce the transaction fees cost the customers pays for bitcoin transaction.

wow sir, thanks for sharing this opportunity to be one of your commenter's,
So what is your opinion about this batching transaction is not a good point instead of segwit or what?
and did segwit improved that transactions?
and for now i am not in that 25% i could be if you tell me either i should get it or not what your sayings about that?

Wow!
@marketingmonk i like what coinbase is doing to support bitcoin transaction.
Thanks for the information

This means that btc fees are going to gel lower

Sound very..... sir @marketingmonk. News is very Informative

@Upvote Sir @marketingmonk

Wow thanks for sharing this

Good news for Bitcoin - it is evolving. Although it feels like it is doing so slowly, I am probably just impatient.

First Segwit for Coinbase, then batching and hopefully Lighting, Imagine a day when transferring into and out of most wallets are basically free.

  ·  7 years ago Reveal Comment