SegWit Explained: How Bitcoin’s Upgrade Cut Fees
SegWit (Segregated Witness) reorganized bitcoin transactions by separating signatures, boosting block capacity, cutting average fees, and fixing malleability to support second-layer scaling.
Understanding SegWit: Bitcoin’s Key Scalability Upgrade
SegWit, or Segregated Witness, reshapes bitcoin transactions by separating signatures from main data. This upgrade improves scalability, lowers fees, and mitigates transaction malleability.
Bitcoin Transactions Are Irreversible Once Confirmed
Once bitcoin transactions receive confirmations and are added to the blockchain, they become permanent and irreversible. Users must verify addresses and amounts before sending, as recovery is practically impossible.