2021-07-01 10:41:09
We are glad to announce that Segwit was activated at: BLOCK 786800 OVER $AYA Blockchain now!
Segregated Witness, abbreviated as SegWit, is a mechanism to scale the blockchain network. This process involves the removal of signature data from Bitcoin transactions. As a result, it can increase the block size and then attach it as a separate structure at the end. The space that got freed can then accommodate more transactions into the chain.
SegWit is the process by which the block size limit on a blockchain is increased by removing signature data from Aryacoin transactions. When certain parts of a transaction are removed, this frees up space or capacity to add more transactions to the chain.
Segregate means to separate, and witnesses are the transaction signatures. Hence, segregated witness, in short, means to separate transaction signatures.
#XERXES
#SegWit
#GOAYA
@MrDiGiCoinnews
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