Segregated Witness Has Officially Activated on the Bitcoin Network
Segregated Witness (Segwit) was an idea that was introduced by the software developer, Peter Wuille, in 2015 at the Hong Kong Scaling Workshop. The protocol is meant to relocate witness inputs from the transaction hash, which will theoretically help malleability and create more block size space. The concept was at first well received by the bitcoin ‘community, ’ but some had hoped a block size increase would also follow. The community and developers couldn’t come to terms with increasing the block size, and lots of infighting began. Further, this meant the Segwit protocol sat on the shelf for quite some time as some miners would not approve of the upgrade unless a block size increase was included.
Full article here: https://news.bitcoin.com/segregated-witness-has-officially-activated-on-the-bitcoin-network
What does everyone else think of segwit? I think it's an unnecessary layer to the BTC network, can someone tell me if I'm wrong in this line of thought? BCC will be closer to the original BTC idea wont it?
everybody's trying to get a piece of pie. only time will show that's only original BTC is the thing that will keep its value