Today Bitfinex, one of the leading Bitcoin and Altcoin exchanges, announced the integration of SegWit.

SegWit is a soft fork that is increasing block size limits by separating signature data from transactional data in bitcoin transactions. It is also a transaction malleability fix that is needed for the proper implementation of the Lightning Network. The Lightning Network is a scaling solution that will enable almost zero fee and instant micro transactions on the second layer.

We are proud to announce support for SegWit.https://t.co/FTCmRrRo2K pic.twitter.com/Kk2cA71wNN — Bitfinex (@bitfinex) February 20, 2018

We published an article just recently that described how Coinbase is trying to get back the trust of its investors. One of their announced features was the batching of transaction and the adoption of SegWit (P2SH) addresses. Seems like Bitfinex just beat them to the game, instead of tweeting and tweeting and tw…. they simply done it.

This should be a huge step for the adoption of the soft fork and will also help with pushing down the average fee prices of the network. For the current fee charts you can check bitinfo.