The release of Bitcoin Core 0.16.0 marks an important milestone in the development of Bitcoin. SegWit promises to reduce the transaction fees and processing times which have been the major concerns for users. If it addresses these concerns, Bitcoin is likely to solidify its position as the most popular network in the cryptocurrency and blockchain industry.
Meanwhile, two of the biggest cryptocurrency exchanges, Coinbase and Bitfinex, have confirmed that they are going to launch the SegWit protocol on their websites: Bitcoin Core 0.16.0 Introduces Full Support for SegWit
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