Author

Topic: Looks like Artbyte will be the second coin to implement Segwit (Read 819 times)

legendary
Activity: 1156
Merit: 1000
Second or tenth, ArtByte should still beat Bitcoin in deploying SegWit, the target date is July 30.
legendary
Activity: 2744
Merit: 1288
Looks like Artbyte will be the second coin to implement Segwit


There are many bitcoin clones with activated Segwit. So please do your homework first before posting.  You will find like 10. Even on this forum. LTC was like 3 or 4th.
sr. member
Activity: 259
Merit: 250
Will ArtByte add segwit before Bitcoin?
legendary
Activity: 1156
Merit: 1000
I think SegWit will be very good for ArtByte. Here is a clip from our forum post:


----------------------------------------------------- clip --------------------------------------------------

ArtByte is already a technically advanced cryptocurrency, based off Litecoin core, with added features from Dash and Peercoin.

ArtByte's goal of supporting artists around the world, includes the commitment to maintaining technical excellence in the ArtByte blockchain and all ArtByte applications. Which is why we are also migrating our website to Google's progressive web app specification and streamlining all our wallets and apps for ease of use.

Although ArtByte's transaction volume currently does not require Segwit to maintain performance, we want to be ahead of the technology curve and look to making the switch when it is easier to gain consensus among fewer miners.

The benefits of SegWit long-term are numerous. As Litecoin founder Charlie Lee said:
“SegWit opens up the doors to many amazing features that can be added to Litecoin,” Lee said. “These include Lightning Network, MAST, Confidential Transactions, Schnorr Signatures and more."

The benefits would apply to ArtByte as well.


----------------------------------------------------- clip --------------------------------------------------

Read the rest of the post and join the discussion here: ArtByte Forum SegWit discussion
sr. member
Activity: 259
Merit: 250
From Artbyte's twitter feed:




Forum post: ArtByte Segwit
Jump to: