Segwit bitcoin currency

There are three big types of cryptocurrency
Bitcoin, altcoins and Tokens
But bitcoin is what everyone talk about
So Bitcoin is regarded as a digital cash cryptocurrency stored in public decentralized ledgers built in an open source blockchain, as all know, so from the the Task given.

image source

First is segwit Bitcoin Network which means segregated Witness, this is to separate the digital signature of the block from the transaction originated with the growth of bitcoin itself and the increase in it transaction. The digital signature occupies approximately 65% of the size of the transaction block and this block had a limit size of only 1MB, with a digital signature occupying so much space it was practically impossible to increase the number of transaction which the number of transaction increase.

Features of Segwit Bitcoin Network

1. increases the speed of the blockchain transactions.
2. Segwit Bitcoin Network makes the blockchain work more fast and advanced.
3. Segwit Bitcoin Network also reduced the threat of loosing your assets, I know everyone like this
4. it reduces the transaction gas fees.
   Segwit Bitcoin Network.
   sir @gbenga.
   What is legacy bitcoin.
   The basic meaning of the word "legacy" is a gift. But here you can also consider it a gift in the form of the bitcoin blockchain.Basically Legacy Bitcoin Network is the first network of the bitcoin it was introduced in the market in 2009.
   Important Features Of Legacy Bitcoin Network
5. Legacy Bitcoin Network provides original bitcoin address.
6. Legacy Bitcoin Network addresses can be used in all the wallets.
7. Legacy Bitcoin Network addresses starts from "1" so they can be identified easily.
   It has slow transaction speed.
8. It also costs high transaction fees.
9. It is very old designed technology.
   Wallet.
   The important of wallet are
   1.This wallet gives you full control over your bitcoins. This means no third party can freeze or lose your funds. You are however still responsible for securing and backing up your wallet.
   Simplified validation
10. This wallet uses SPV and the Bitcoin network. This means very little trust in third parties is required when verifying payments. However, it is not as secure as a full node like Bitcoin Core.
    Complete transparency
11. This wallet is open-source and built deterministically. This means any developer in the world can audit the code and make sure the final software isn't hiding any secrets.
    Secure environment
12. This wallet is loaded on mobiles where apps are usually isolated. This provides a good protection against malware, although mobiles are usually easier to steal or lose. Encrypting your mobile and backing up your wallet can reduce that risk.
    Basic privacy
    Prevents spying on your payments
13. This wallet makes it harder to spy on your balance and payments by rotating addresses. You should still take care to use a new Bitcoin address each time you request payment.
    Discloses limited information to peers
    Peers on the network can log your IP address and associate your payments together when receiving or sending payment.
14. This wallet lets you setup and use Tor as a proxy to prevent attackers or Internet service providers from associating your payments with your IP address.
    Full control over fees
15. This wallet gives you full control over fees. This means that this wallet allows changing the fees after funds are sent using RBF or CPFP. 8. This wallet also provides fee suggestions based on current network conditions so that your transactions are confirmed in a timely manner without paying more than you have to.

• My Preferences among the two is segwit.
  Both the networks have their own benefits and features . But according to my interests i am going to prefer Segwit Bitcoin Network . Because it is very fast. It costs very low transaction fees. It is advancing day by day and introducing new features. It decreases the fear of the loosing bitcoin because of the fastest speed. Due to this you received your bitcoins immediately without holding it on the blockchain. So i prefer to use Segwit Bitcoin Network.