We're starting to see more and more blocks with over 25% SegWit transactions. Here are the latest 10 blocks on the Bitcoin blockchain.
| Block Height | Transactions | Witness tx | Percent SegWit |
|---|---|---|---|
| 511148 | 2,416 | 704 | 29.1% |
| 511147 | 2,063 | 537 | 26.0% |
| 511146 | 1,675 | 476 | 28.4% |
| 511145 | 1,910 | 443 | 23.2% |
| 511144 | 1274 | 227 | 17.8% |
| 511143 | 1783 | 454 | 25.5% |
| 511142 | 1603 | 377 | 23.5% |
| 511141 | 1664 | 340 | 20.4% |
| 511140 | 90 | 20 | 22.2% |
| 511139 | 552 | 95 | 17.2 |
You can find the latest blocks here. Toggle 'Witness tx count' to see the amount of SegWit transactions.
Chart
This chart shows the latest 144 blocks average. It is at 18% right now, but the latest blocks contain even more SegWit transactions so I expect the 144 average to rise to approximately 25% in the coming hours.
Why is Segwit adoption rising?
- The Bitcoin Core development team has released version 0.16.0 yesterday which introduces full support for segwit in the wallet and user interfaces.
- Bitcoin exchange Bitfinex announced to adopts SegWit a week ago.
- Coinbase announced last week it will implement SegWit for all customers on Coinbase this week.
Why is this good news?
SegWit improves the overall transaction capacity of the Bitcoin network.
SegWit reduces the size of transactions by separating signature and transactional data. This creates more room in each block and thereby increases the volume of possible transactions on the Bitcoin blockchain. This results in lower transaction costs and shorter waiting times for the first transaction confirmation.
You can read more about SegWit on Wikipedia.
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