Tuesday, 20 February 2018

New Bitcoin Core 0.16.0 Will Feature New Code

Core is officially being updated and this could be the most exciting update that we have seen in almost ever. Everyone's complaints with Bitcoin is normally about transfer times and transfer costs and early in 2017 we did see transaction costs spiralling into silly money, well this could possibly be about to change forever

Bitcoin Core 0.16.0 will officially support Segwit which focuses on scaling the network to be faster and cheaper. Although Segwit has been around for a little while now its not until recently we have seen further adoption which has seen the amount of waiting transactions in the mempool drop drastically. Also along with Coinbase confirming they are in the final processes of adding Segwit support themselves this (until lightening network) could be one of the biggest changes we see to Bitcoin Core yet.

You can check the Bitcoin Core Github Here
Release I believe is expected around the 1st May

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