Segregated Witness (SegWit)

DeFi

Segregated Witness (SegWit) is an update to the Bitcoin system that changes how transactions are stored. It helps make Bitcoin faster and more efficient by separating some data from the main transaction record, allowing more transactions to fit in each block.

Definition: Segregated Witness (SegWit) is an update to the Bitcoin system that changes how transactions are stored. It helps make Bitcoin faster and more efficient by separating some data from the main transaction record, allowing more transactions to fit in each block.