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Home BREAKING NEWS Segregated Witness Deployed on New Bitcoin Testnet: SegNet

Segregated Witness Deployed on New Bitcoin Testnet: SegNet

Bitcoin Watch Shop

Bitcoin Core developers have deployed an initial doing of Segregated Witness on a special testnet for Bitcoin, dubbed SegNet. SegNet allows developers to examination with a rarely expected creation set to boost Bitcoin’s scalability, extensibility and performance.

SegNet, like a strange Bitcoin testnet, is radically a counterpart of Bitcoin, privately dictated as a demo version. Bitcoin Core developers Pieter Wuille, Eric Lombrozo, Johnson Lau, Alex Morcos and several others assembled a set of rags in sequence to settle a new testnet, with an early iteration of Segregated Witness activated. SegNet was deployed on a Dec 31, and has been successfully operational since.

Speaking to Bitcoin Magazine, Lombrozo – who’s also CEO of cryptotech program association Ciphrex– emphasized that SegNet is still a work in progress.

“The approach we’ve designed a Merkle Tree for signature information competence be changing, we’re still deliberation several options to boost usability for miners, and opposite parameters are being explored … we’ll finish adult rebooting SegNet during some point. But it’s operational and we’ve been promulgation Segregated Witness exchange over it a final several days,” Lombrozo said.

As such, while many of a core concepts are in place, the

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