SegWit, I have heard that on one of the videos I had watched, about helping bitcoin to have good transactions. But still cant undestand it.
Can anyone explain clearly what are these terms?
U shouldn't care that much about this terms because in past there were colored coins hyped term and technology around bitcoin. I didn't use my time to read exactly what it is and it dissapeared as idea and as software so i would only waste my time.
If segwit won't activate, then you would waste time also learning what it is exactly.
So care mostly about most basic stuff around bitcoin, this are extensions that maybe will not be ever used in reality.
Use the search button and you will find a lot of topics regarding the whole BU vs Segwit
vs LN saga. But being a newbie, I suggest you don't go for more technical terms, just
stick to basic and you will be find and as you learning a lot about bitcoin then that's the
time you can learn about them. Because you might lose interest in bitcoin if you see
a lot of debates and bickering on what's best to implement regarding the bitcoin blocksize
issue. Goodluck!