BitcoinIntermediate

SegWit

A Bitcoin upgrade that separates witness data, such as signatures, from the traditional transaction serialization.

PLAIN-ENGLISH DEFINITION

In more detail

SegWit changed transaction identification and block-capacity accounting. For relevant spends, keeping witness data out of the traditional transaction ID addresses important forms of transaction malleability. You'll meet it in wallet address formats and fee discussions, but the upgrade doesn't make every transaction smaller or eliminate every possible malleability issue.

IN THE WILD

How you might use it

A SegWit transaction stores its signature data in the witness section; its traditional transaction ID excludes that witness data.

WORD NOTES
Written out
Segregated Witness
Was this clear?

Got a way to make SegWit click?

Add your take

By Crypto Dictionary · Published · Updated

Go to the source

Use the original reference to explore the details behind this entry.

Read the reference

An original explanation with a reference to follow. Protocol details and community usage can evolve. Sources & standards

PASS IT TO THE GROUP CHAT

Share a definition