[2016-04-03] Clearing the FUD around Segregated Witness

[LiteCoinGuy]

Clearing the FUD around Segregated Witness

What is SegWit?

Segregated Witness is a solution created by the Bitcoin Core developers. It is spearheaded by Pieter Wuille, Johnson Lau, and Eric Lombrozo. The general high-level idea of segwit is that the signatures in a transaction (also called the witness data) are skipped when calculating the transaction id. By doing so it solves many issues that Bitcoin has. These benefits are laid out here.

http://www.achow101.com/2016/04/Segwit-FUD-Clearup