A New Security Tool For Blockchain

     Segregated Witness or as it is best known, SegWit is a security component that arose due to the high demand of Bitcoin and other cryptocurrencies that caused limitations in the Blockchains. SegWit changed the way you see how digital coins are stored and how data is transmitted in operations.

     However, some Bitcoin Exchange and mining equipment have been blocking their functionality since they have been taking prevention and safety measures for the users and for the same people that operate some Bitcoin Exchange.

     Segwit ensures that such a lock will not be very durable since they cannot completely stop all Bitcoins activities because they would be blocking a whole market of cryptocurrencies. The developers of the system announced that its blockade will last less than a day and they will review more than 400 000 activities registered in blockchain only as security and prevention measures.

     This lock is a totally necessary measure for the correct operation of all or most of the digital coins and also to provide an improvement in the speed between each transaction and to lighten the load of blockchain. SegWit developers announced that users who have bitcoins in other bitcoin exchanges can use them freely, they can sell bitcoins or make another transaction since not all of them are being affected.

     Blockchain if they have to wait for the process to finish in order continuing its correct operation. Several blockchain have agreed with the procedure performed, for them this can be of great benefit and they wait patiently for the release of their systems to continue with its implementation.

     SegWit is designed to significantly differentiate inputs and outputs. In this way, the blockchain can receive the information better and therefore process it faster, this means that more operations can be performed per minute, per hour or per day. It is also designed to prevent possible attacks in the handling of transactions. Before, the software allowed the modification of the identifier of transactions and several hackers took advantage of this in some opportunities but with SegWit these modifications can no longer be made and they will keep the user and his activities safe.