Coinbase Global President and GM , Dan Romero , announced in a blog about the company 's plan to implement Bitcoin Cloud Witness ( SegWit ) in India . Note: SegWit reduces the number of transactions , thereby increasing the transaction capacity of the bitcoin network . Romero said the digital currency exchange is prioritising the secure storing of customer funds , followed by measures to ensure that the platform performs during peak periods . The firm will then focus on adding new features for customers .
Coinbase Global President and GM , Dan Romero , announced in a blog about the company 's plan to implement Bitcoin Cloud Witness ( SegWit ) in India . SegWit reduces the number of transactions , thereby increasing the transaction capacity of the bitcoin network . Romero said the digital currency exchange is prioritising the secure storing of customer funds , followed by measures to ensure that the platform performs during peak periods . The firm will then focus on adding new features for customers .