Coinbase and Bitfinex announced support SegWit

Coinbase and Bitfinex announced support SegWit

Today, within a few hours, the largest cryptocurrency exchange in the US, Coinbase is one of the largest cryptocurrency exchanges have announced support SegWit.

SegWit is the improvement of the Bitcoin Protocol, which aims to reduce Commission when conducting transactions and increase their speed.

In Bitfinex argue that transaction fees will now be about 15-20% less than before, and the speed of transactions will increase several times. In order to take advantage of SegWit users will need to generate a new wallet address, which supports SegWit. Only then will it become possible to input and output bitcoins using SegWit.

Coinbase announced that they completed the process of testing this week and postpone will introduce support SegWit for their customers. Presumably by the middle of next week have 100% of clients will be transferred to Coinbase SegWit address.

Despite the fact that the change of Protocol was adopted a few months ago. Large companies such as Coinbase took the time to introduce it support for their customers. In turn, users put pressure on the company as I could and even drew up a special petition on the website that was supported by more than 12,000 people.

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