SegWit (segregated witness) Bitcoin transactions are at an all-time high, and Bitcoin transaction fees are the lowest they have been in months. What factors contributed to this sudden change?
For new users of Bitcoin, SegWit may seem like a meaningless buzzword that does not hold any value. But, for those aware of what it is, it means so much more. SegWit is a relatively new improvement to the current Bitcoin network that hopes to solve or at least temporarily fix the cryptocurrency’s transaction fee and scaling problems.