Segregated Witness (SegWit)
By CoinGecko | Updated on Mar 03, 2020
Formally "Segragated Witness (Consensus Layer)" or BIP141, Segwit removes digital signature data and moving it to the end of a transaction to free up capacity. Transactions are essentially split (or 'segregated'), into two segments: the original data segment and the signature (or 'witness') segment. The declared purpose of Segwit was to prevent nonintentional bitcoin transaction malleability, allow optional data transmission, and to bypass certain protocol restrictions (such as the block size limit)
Related Terms
Margin Call
Margin call takes place when investor's margin account falls below the required amount to stay afloat.
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
State Channel
Secondary payment channel occuring off-chain
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