Segwit is Gaining Popularity due to Rapid Processing of Bitcoin Transactions

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Over half of all bitcoin transactions are performed today via an advanced-technology network called Segregated Witness (Segwit). Recent research reports on the steady growth in the use of this fintech platform with the purpose of accelerating the sending process.

Transactionfee.info published a report on Reddit, which displays a chart of Segwit’s growth over the last 12 months. The usage of the financial technology has increased from 27% to 53% over 6 months. Even the prolonged bear market trend could not restrain the network’s development. See more for yourself here.