Segregated Witness - SegWit

Satko

Administrator
Staff member

Cheaper and more efficient transactions, by default​

SegWit transactions are more efficient than other legacy transaction types. With SegWit enabled by default, you pay less in miner fees when transacting with Samourai Wallet and benefit from cheaper transactions.

Segwit is short for Segregated Witnesses which is a soft fork upgrade to the Bitcoin network that was activated on August 24, 2017. The actual technical workings are fairly complicated but well documented for the curious. What it means for average users is lower transaction fees when spending bitcoin, and paving the way for future layer two applications like Lightning network.

Samourai supports Segwit.​

Samourai wallet was the second mobile wallet to implement the Segwit upgrade and it is enabled by default in Samourai Wallet.

 
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