Bitcoin, Cryptocurrency And Blockchain News

Coinbase will implement SegWit in 2018

Long-waited announcement arrived today...


Coinbase made its long-awaited announcement about SegWit. Company’s Vice President and GM, Dan Romero posted on their official blog today and announced that CoinBase is planning to implement SegWit in 2018. Yes, you’re right we don’t know which month in 2018…

In the announcement, Dan Romera mentioned that they have billions of dollars worth bitcoins stored on behalf of their customers, and implementing SegWit needs significant planning and consideration for the security and stability of their platform.

If you’re not familiar with SegWit, it reduces the size and also the fees paid in bitcoin transactions.