A segregated witness (Segwit) is a method for increasing the scalability of BitcoinBitcoin is a cryptocurrency. It operates without the need for a central authority like a central bank or a company,... by removing transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... signatures from blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... data. By segregating (splitting) the original data segment and signature segment(witness) into two transactions and moving digital signatureA digital signature is a cryptographic mechanism designed to provide proof of authority and authenticity in electronic form. In blockchain... data to the end of a transaction, Segwit frees up capacity within the block size limitA block size limit is the maximum allowable amount of data a blockchain can store. A block size limit exists.... The declared purpose of Segwit is to prevent unintentional bitcoinOne bitcoin is a unit of the virtual currency called Bitcoin. BTC is the ticker symbol for Bitcoin, and refers... transaction malleability while allowing optional extra verifiable data transmission while bypassing certain legacy protocolProtocols governing interactions on a blockchain network typically include rules for consensus, transaction validation, and guidelines for how users can... restrictions.
