Coinbase Announces 2024 SegWit Support As Third ‘Engineering Priority’
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Coinbase Announces 2024 SegWit Support As Third ‘Engineering Priority’

THELOGICALINDIAN - Largest US cryptocurrency wallet and barter Coinbase has accepted it affairs to abutment SegWit affairs in 2024

In a blog post on Friday, the company’s carnality admiral Dan Romero accepted the timeframe, admitting acquainted that SegWit, as a “new feature,” was alone Coinbase’s third priority. In the post, appear on Medium, Romeo wrote:

Coinbase bore the burden of a huge arrival of new users in contempo weeks, which accompanied Bitcoin’s billow in amount to $18,000.

Technical basement struggled to cope, arch to blow and delays processing affairs which had also occurred during Bitcoin’s bottom upshoot beforehand this year.

 

Despite adverse criticism over its SegWit adoption, as able-bodied as its attitude on the now-defunct SegWit2x adamantine fork, Coinbase appears to be advancement its laissez-faire attitude to implementing the technology, which would accord cogent accumulation on fees to users amid added advantages.

“Many of our barter accept been allurement for SegWit, and we’re alive out a way to apparatus this advancement safely,” Romero continued.

The Coinbase platform stores billions of dollars worth of bitcoin on account of its barter and Romero addendum that any changes to the platform’s basement crave “significant planning and application for the aegis and adherence of our platform.”

Coinbase meanwhile is not abandoned in its apathetic aisle to SegWit adoption. This week, adolescent athletic wallet provider Blockchain.info apparent abounding abutment for the Bitcoin Cash adamantine fork, while analogously blame aback SegWit alternation until abutting year.

“In 2018 we will be rolling out abutment for SegWit aural our wallet products,” its own blog post accepted aftermost month. In the post, Blockchain.info stated:

What do you anticipate about Coinbase’s SegWit abutment plans? Let us apperceive in the comments below!

Images address of Coinbase