Scaling Bitcoin: Over 56% of Bitcoin transactions in 2020 use SegWit

posted 6 months ago
Segwit, the Bitcoin scaling solution, continues to see an increasing number of Bitcoin transactions over the years.

Data from Segwit.space, a platform that monitors the adoption of Segwit, revealed that it achieved a new landmark as the transaction volume on the protocol now amounts to over 56% of all transactions on the Bitcoin network. Segwit effectively lowers Bitcoin transaction fees.
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