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Andreas M. Antonopoulos 2018-02-02 15:41:21 -08:00
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appdx-segwit.asciidoc
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[[segwit]]
[appendix]
== Segregated Witness
=== Segregated Witness
((("segwit (Segregated Witness)", id="segwit16")))Segregated Witness (segwit) is an upgrade to the bitcoin consensus rules and network protocol, proposed and implemented as a BIP-9 soft-fork that is currently (mid-2017) pending activation.
((("segwit (Segregated Witness)", id="Ssegwit07")))Segregated Witness (segwit) is an upgrade to the bitcoin consensus rules and network protocol, proposed and implemented as a BIP-9 soft-fork that was activated on bitcoin's mainnet on August 1st, 2017.
In cryptography, the term "witness" is used to describe a solution to a cryptographic puzzle. In bitcoin terms, the witness satisfies a cryptographic condition placed on a unspent transaction output (UTXO).