Coinbase's cryptocurrency swap tweeted Monday, Feb. 5 They will soon implement the upgrade of SegWit Bitcoin addresses, which will help reduce transaction times and charges for sending and receiving Bitcoin (BTC).

Although they are in the final phase of testing their SegWit implementation, Coinbase reminds customers that they favor security and performance. new features by linking to their blog of December 2017 on the subject.

Our engineering team has started the last phase of SegWit testing for Bitcoin on Coinbase. Bitcoin compatible SegWit sends / receive will be available to customers in the coming weeks. We already wrote on SegWit on our blog: https://t.co/3YPQPkYy4C – Coinbase (@coinbase) February 5, 2018

Coinbase had announced the decision of # Add the SegWit upgrade early December 2017. The upgrade, introduced by the Bitcoin Core development team in August 2017, addresses the Bitcoin scalability issue by reducing the size of transactions.

By moving the "cookie" signature data at the end of each transaction, it solves the Bitcoin malleability problem that is conducive to second-layer solutions like the Lightning Network.

The Trezor and Ledger crypto portfolios have been improved "

The slowness of transactions and network congestion have afflicted Bitcoin traders over the past few months, with some Blockchain-based companies away from BTC due to higher and higher transaction fees.

The North American Bitcoin conference had to stop accepting cryptocurrency payments leading to the conference earlier in January, citing that the " network cong

Jameson Lopp, software engineer and cypherpunk in mid-January, had accused cryptocurrency services like Coinbase, Blockchain and Gemini from causing network congestion " Inefficient use of the space of block ":

This is not a new revelation that an important cause of Bitcoin network congestion comes from popular services such as @blockchain, @coinbase and @ gemini that use block space inefficiently If you do not want to contribute to the problem, do not use them https://t.co/f1AO2ePRMw – Jameson Lopp (@lopp) January 12, 2018

Coinbase customers had started a petition a month ago for the SegWit upgrade to become a priority for Coinbase. finally more than 12,000 signatures. With the tweet of Coinbase of February 5, the petition added an update: