|More from: | Coindesk |||
Cryptocurrency exchange Gemini announced Monday that it has added “full” support for segregated witness (SegWit), an important bitcoin code change that paves the way for scaling improvements.
While many bitcoin companies have adopted SegWit to some degree, Gemini is unique in it’s the largest bitcoin exchange thus far to roll out support for “native SegWit addresses,” a newer type of bitcoin address which helps to scale the cryptocurrency even further but has been adopted to a lesser degree.
Gemini head of communications Carolyn Vadino told CoinDesk:
“Our choice to use native SegWit addresses was based on many factors including block space savings as well as safety concerns. As SegWit’s use, support, and adoption grows, it will help reduce fees,
Read full article » https://www.coindesk.com/gemini-is-now-the-largest-bitcoin-exchange-to-add-full-segwit-support
About | Coindesk |
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Its mandate is to inform, educate and connect the global community as the authoritative daily news provider dedicated to chronicling the space.