The SegWit framework requires approximately 75% of blocks mined on the network to come from pro-SegWit miners, before activating. Digital currency LiteCoin has enhanced its service with the Segregated Witness (SegWit) update, inspiring interest from investors. The update to Bitcoin’s software is a move towards making it more secure and easier for users to use in everyday transactions. The news pushed the digital currency’s price to $9.49 on 3 April, its highest value since 12 July 2014. The take-up of SegWit has been hampered by disagreements among large mining pools in the bitcoin community.
Digital currency LiteCoin has enhanced its service with the Segregated Witness (SegWit) update, inspiring interest from investors. The update to Bitcoin’s software is a move towards making it more secure and easier for users to use in everyday transactions. The news pushed the digital currency’s price to $9.49 on 3 April, its highest value since 12 July 2014. The take-up of SegWit has been hampered by disagreements among large mining pools in the bitcoin community.