A new version of the Bitcoin Core client, published for public comment on February 15, includes full support for the Segregated Witness (SegWit) technology, implemented in the bitcoin blockchain last summer.
The Bitcoin Core 0.16.0 client with full SegWit support is being prepared for release
The new version of the Bitcoin Core client, published for public comment on February 15, includes full support for the Segregated Witness (SegWit) technology, which was implemented in the bitcoin blockchain last summer..The Bitcoin Core 0.16.0 description on GitHub talks about "new features, various fixes and performance improvements" along with mandatory SegWit support.
The demand for SegWit technology from the side of cryptocurrency holders has not faded since its activation. However, companies in this sector are slowly integrating the solution into their infrastructures, which is why users criticize them, associating high fees and long transaction confirmation times with their sluggishness..
In addition to SegWit, so-called second-level solutions, in particular the Lightning Network, have recently attracted considerable community interest..
Last week, Microsoft came out in support of increasing the bandwidth of cryptocurrency networks through the implementation of second-tier solutions, saying that scaling at the blockchain level, such as increasing block sizes, harms their decentralization..
"Bitcoin Core 0.16.0 introduces full SegWit support in the wallet and user interface," writes Bitcoin Core in the client description.
Other improvements will affect the technical flexibility of the client, and will also include a number of smaller fixes, including the modification of some designations.
Jimmy Song, developer of Bitcoin Core, in response to a question about which feature of the 0.16.0 client he considers the most important, said: “Native support for SegWit (bech32) will greatly help in the spread of the technology. At the same time, block bloating will decrease, and wallets in the ecosystem will be more motivated to switch to bech32 ".
The developers have not yet appointed an official release date for Bitcoin Core 0.16.0.
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