Coinbase Exchange To Implement SegWit Protocol

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Coinbase has announced that this week SegWit protocol will be implemented on their website for Bitcoin deposits and withdrawals. This upgrade will improve the transactions time and reduce commissions by up to 20%. As Coinbase covers a massive share of all transactions, SegWit implementation is expected to bring a significant increase in Bitcoin network speed. Other companies, such as Bitcoin Core and Bitfinex are also using the benefits of SegWit.

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