The new Bitcoin code incorporating full SegWit support should be great news since it means more cryptocurrency forks are going to pop up. However, this doesn’t mean that the new Bitcoin code is solely steadfast on the forks. The new Bitcoin code merely provides a new layer for tech that is foreseen to be cheaper and faster
Although there has been a struggle since the first time we heard about Bitcoin introducing SegWit support in August last year, we can confirm that the fruits are now factual. SegWit is motivating software developers from all corners of the earth to develop more structured “themes” for their software releases. It should be noted that it is quite unusual for the team behind Bitcoin.
Normal Bitcoin core changes revolve around optimizations. Nonetheless, this latest “0.16.0” code is quite different from what users are used to. The code is supposed to come out in the coming days following its task to improve and optimize SegWit style transactions which are performed through the software’s normal wallet.
Andrew Chow, who is an important Bitcoin Core contributor commented on the latest code stating, ”The primary change is the addition of SegWit in the wallet. This lets users to easily create SegWit addresses.” (see the full article for more details)