What caused the fall of SegWit transactions in the bitcoin network?

[Paha87]

Blockchain detectives and Lightning supporters may have noticed a sharp drop in SegWit blocks late last month. According to the Transactionfee tracker, SegWit transactions reached almost 50% of the total number of network transactions, but about October 20 activity began to decline, reaching 40%.

Users who noticed could have been puzzled - if many people had previously spent resources on SegWit, why did they suddenly stop doing so? SegWit transactions usually cost less because they are smaller and therefore cheaper to send.

Bitcoin newsletter, familiar with the technological aspects of the bitcoin network, has a theory in this regard - at least one large mining pool has stopped processing transactions.

A simple explanation for this sudden drop and bounce can be a minor misconfiguration. By default, Bitcoin Core does not allocate segments, including blocks, to maintain compatibility with getblocktemplate (GBT) with older software. When miners change their software or configuration, it's easy to forget to replace the optional parameter to enable segwit. To illustrate how easy it is to make this mistake, the example below calls GBT with its default parameter and segwit parameter, and then compares the results on the total block reward that each miner can earn.



SegWit will become the norm?
Segregated Witness, or briefly SegWit, is a scaling solution first applied by Peter wil, Eric Lombroso, and Johnson Lau. SegWit separates data from blocks that were previously included so that many other transactions can fit into a single block. The advantage of the technology was to avoid the necessary increase in the size of the bitcoin blocks themselves.

SegWit was one of the few answers for the bitcoin network and played a big role in the scaling discussions from 2015 to 2017.

In combination with Lightning Network SegWit is the answer to the Bitcoin Core for the scaling problem: transactions with crosscan transactions and more efficient use of blocks means improving the network as a whole. Another camp of people believed that the first and most important change to the Protocol should be to increase the size of the blocks, and this philosophy eventually led to the split of the bitcoin network and the allocation of Bitcoin Cash.

Over the past 13-14 months, the number of SegWit transactions has been growing steadily, so now 1 out of 2 transactions is a SegWit transaction. It's clear that SegWit will become the norm over time, and secondary improvements to the network like Lightning will allow regular users to save money on network resources.

Link to information resource-https://altstake.io/news/chto-vyzvalo-padenie-segwit-tranzakciy-v-seti-bitkoina