The technology underpinning bitcoin is set for major changes in March , with several projects scheduled. Among them is the wider adoption of the segwit upgrade, originally activated in 2018 , thanks to the new bech32 address format, scheduled for a March release. Also expected is the launch of bitcoin 's Lightning Network , offering secure, instant confirmations and near-free transfers, while privacy solutions ZeroLink and Lightning Network are set to make the network more secure. “One last hurdle that's worth mentioning is the network topology: We'd like to steer the network formation to be as decentralized as possible.” Activation of segwit will also make it easier to improve cryptographic signatures by facilitating the use of Schnorr signatures, which would reduce transaction costs and increase Bitcoin 's maximum capacity.
The technology underpinning bitcoin is set for major changes in March , with several projects scheduled. Among them is the wider adoption of the segwit upgrade, originally activated in 2018 , thanks to the new bech32 address format, scheduled for a March release. Also expected is the launch of bitcoin 's Lightning Network , offering secure, instant confirmations and near-free transfers, while privacy solutions ZeroLink and Lightning Network are set to make the network more secure. Activation of segwit will also make it easier to improve cryptographic signatures by facilitating the use of Schnorr signatures, which would reduce transaction costs and increase Bitcoin 's maximum capacity.