Coinbase and Bitfinex crypto exchange platforms announced yesterday, February 20, that they are now ready to implement the scalability of Seggreg (SegWit)

Coinbase tweeted the announcement of having completed the last steps of testing SegWit for Bitcoin on the platform and is aiming for a 100% launch for all customers by mid-week next. Bitfinex has announced the deployment of SegWit to all BTC customers.

Our engineering team has completed the SegWit tests for Bitcoin on Coinbase. We will begin a phased launch to customers over the next few days and aim for a 100% launch to all customers by mid-week next. – Coinbase (@coinbase) February 20, 2018

Coinbase announced the SegWit upgrade in December 2017, and released an update in early February 2018.

The SegWit upgrade aims to reduce transaction times and transaction costs in Bitcoin, which crypto investors have been waiting for for a long time. During the recent period of rising rates and slowing transaction rates that have plagued Bitcoin users around the world.

Coinbase users have even launched a petition asking the exchange to implement SegWit which has collected more than 12,000 signatures. 9459004] Bitfinex, based in Hong Kong, currently ranks 4th among world crypto exchanges by trade volume, with a total volume of about $ 1.6 billion in the past 24 years. hours. Paolo Ardoino, CTO of Bitfinex, said at the announcement of the upgrade of SegWit:

"SegWit offers not only an immediate benefit to users, but also a base for the Bitcoin's future development: By supporting SegWit addresses, Bitfinex's attack at three of the biggest concerns of crypto-enthusiasts: transaction fees, transaction speed and total network capacity. thanks to this implementation, we can offer our customers a Bitcoin withdrawal fee up to 20% lower, as well as faster transaction speeds than ever before. "

In addition, the latest Bitcoin Core client version 0.16.0 has just been released for February 15 added the full update of SegWit.

Cointelegraph contributor Joseph Young tweeted his positive opinions on the SegWit Announcement of Coinbase today, February 21, the appellant "Good Things!" and noting its significance for the overall adoption of SegWit on the Bitcoin network: