Bitcoin Core v0.16.0 Officially Release – Full Support for SegWit

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Good news bitcoiners!

Bitcoin Core version 0.16.0 is officially release with full support for Segregated Witness (SegWit). New version comes with various new features and performance improvements.

Peter Todd, one of the bitcoin core developer also confirmed the release on twitter.

 

SegWit is one of the most awaited major bitcoin improvement. It will make bitcoin blockchain more scalable and also improve its performance.  With SegWit will reduce transaction fees by splitting up transactions, it also opens door for second layer applications like Lightning Network.

Many bitcoin services and exchanges have already implemented SegWit on bitcoin transactions, but after this release more people will adopt it and we’ll see rapid drop in transaction fee.

Links :

https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2018-February/000052.html

https://github.com/bitcoin/bitcoin/blob/0.16/doc/release-notes.md

Cheers!

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