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New Bitcoin Core Software Makes SegWit Optional for Miners

A new software update – version 0.14.1 – has been released by the Bitcoin Core open-source development community.

Aktualisiert 11. Sept. 2021, 1:15 p.m. Veröffentlicht 24. Apr. 2017, 8:15 p.m. Übersetzt von KI
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A new software update has been published by the Bitcoin Core open-source development community.

Released on Saturday, version 0.14.1 largely builds on the group's March 0.14.0 release, incorporating a series of fixes to bugs and other tweaks to the code. Bitcoin Core is the standard software for bitcoin, though it has faced new pressure from alternative implementations of late.

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As such, one notable inclusion in the release focuses on Segregated Witness, the scaling upgrade debuted in late 2015 at the Scaling Bitcoin conference in Hong Kong, and that has provoked a now months-long debate over network development.

The update to 'getblocktemplate', or the mining protocol that underlies the bitcoin network, effectively enables those operating hardware needed to secure the blockchain to upgrade to 0.14.1 without having to explicitly opt in to SegWit.

As Core maintainer Wladimir van der Laan wrote in a release statement, the change enables miners who aren't running SegWit-compatible software to keep operating normally if the upgrade is adopted network-wide.

Van der Laan went on to explain:

"In this version, it now supports non-segwit clients even after activation, by removing all segwit transactions from the returned block template. This allows non-segwit miners to continue functioning correctly even after segwit has activated."

The release also comes at a time when the litecoin network, the fourth-largest cryptocurrency by volume, is on the verge of implementing the SegWit code upgrade.

Computer work image via Shutterstock

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‘Bitcoin to zero’ searches spike in the U.S., but the bottom signal is mixed

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Google Trends data shows the term hit a record high in the U.S. this month, though global interest has fallen since peaking in August.

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  • U.S. searches for “bitcoin zero” on Google hit a record high in February as BTC slid toward $60,000 after hitting a peak in October.
  • In the rest of the world, searches for the term peaked in August, suggesting fear is concentrated in the U.S. rather than worldwide.
  • Similar U.S. search spikes in 2021 and 2022 coincided with local bottoms.
  • Because Google Trends measures relative interest on a 0-to-100 scale amid a much larger bitcoin user base today, the latest U.S. spike signals elevated retail anxiety, but does not reliably guarantee a clean contrarian reversal.