One in Four Bitcoin Nodes Are Now Upgraded for SegWit


Bitcoin network data shows that 25% of nodes worldwide are now running code for Segregated Witness.

Proposed late last year as a means to scale the bitcoin network, the upgrade was released last month by the volunteer development community Bitcoin Core in its latest software version. SegWit was put forward in a bid to increase the network’s transaction capacity without increasing the block size limit, drawing both praise and criticism from some quarters of the community amid a contentious debate.

Network data suggests that the software version including SegWit is now the most commonly used among note operators.

Bitnodes reports that just over 25% of bitcoin nodes are running on the latest Core software – 0.13.1 – which includes the code for SegWit. By the data service’s count, that’s 1,362 nodes out of a total of 5,436 nodes connected to the bitcoin network that are now prepared for the upgrade.

By comparison, 1,204 nodes, roughly 22% of the network, is running version 0.12.1, with 964 or nearly 18% running on 0.13.0.

Alternative bitcoin implementation Bitcoin Unlimited, which allows operators to set their own variable block size, is being run by 5.6% of the network, or 306 nodes, according

Read more ... source: TheBitcoinNews

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