Bitfinex Now Uses Segregated Witness Protocol

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World’s largest exchange platform announced that they have added SegWit support. Thus, users can now deposit or withdraw their funds using P2SH address format. The use of such SegWit addresses reduces transaction commissions by 15-20% and fastens the transaction processing. Bitfinex developers highlighted that SegWit is integrated within Bitcoin network, and not Bitcoin Cash, so users should not send BCH to BTC addresses supported by SegWit.

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