Segregated Witness (SegWit) locks in on Bitcoin

Source: Coinjournal

“Segregated Witness (SegWit), a software improvement to the Bitcoin network, has reached its lock-in threshold, now heading towards the two-week ‘grace period’ before full activation. The upgrade reached the necessary threshold yesterday with a 100% of bitcoin mining pools signaling support for the proposal. The two-week waiting that follows will give users and mining pools the time to upgrade to the new software. After that period, which is set to end on August 21 or 22, SegWit will activate and miners will start rejecting blocks that do not support the change.” (08/09/17)