What is Segwit? Segregated Witness Explained Simply

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Название	:	What is Segwit? Segregated Witness Explained Simply
Продолжительность	:	10.57
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CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers brStay safe 🙏🏻🙏🏻🙏🏻
Comment from : 99Bitcoins

Great explanation!❤ 10:30
Comment from : NappyWayz

bro,i have a wallet that supports both segwit and legacy i can receive and send to bothi`m using tangem wallet
Comment from : HEIKIN-ASHI

this is THE BEST explanation of Segwit I found on the whole internet
Comment from : Z W

Very clear explanation! The level of technical detail i was looking for I would have liked if youn addressed security risk, if any, using Segwit And native segwit, i noticed this is an older video
Comment from : fifthnail

Segwit broken Bitcoin completely and lightening network doesn't work
Comment from : Tom

Thank you!
Comment from : Sameera Jayasinghe

God take contoroll over my enimiss around me 🤾🤾🤾🤾💥🙏🙏🙏
Comment from : Alexander maQeen

God take contoroll
Comment from : Alexander maQeen

I love the way he pronounced the : Bad Bob😂😂😂
Comment from : Kathie Leger

What happened is the person do not receive
Comment from : Wisdom Okosun

I don't know what is happening to my transaction I don't receive transaction anymore
Comment from : Wisdom Okosun

he said that segwit addresses start with a three But mine starts with bc1q Did something change?
Comment from : newman

Thanks a lot!
Comment from : Raul Souza

Thanks for the vid! Currently watching Mit Mas S62 course, and this playlist is great addition to these lectures
Comment from : Corey

I still don't understand the difference between segwit and just increasing the block size, apart from it being only a soft fork I mean, the whole point of keeping blocks to 1MB was to prevent them from getting too big and losing decentralisation Segwit essentially increases the block size, thus hurting decentralisation So maybe it's just a soft fork, but it defeats the purpose of keeping the blocks 1MB in size brbrAlso, how can segwit be compatible with legacy standard? Obviously, they had to create a new blockchain Does this mean that these blockchains are identical in terms of the base blocks? So that when new block is added to segwit blockchain, it's also added to original blockchain and vice versa? And if so, how is segwit base block "valid" on original blockchain without the signature? That is the only thing saying that I have the right to send the coins brbrbrPlease someone answer :)
Comment from : slavkosster

Should move to segwit from legacy account ？
Comment from : DrStrange - BackToFuture

This dude a legend
Comment from : ImReadyD151

Bitcoin problems require Bitcoin solutions
Comment from : Michał Szostak

Still unsure and researching about the next big upcoming NFT project? brbr@TokyoBullsNFT is coming soon brSome dope kickass NFT designs and an experienced team brBacked by Shampoo lounge and Bullish AF team which makes it unruggable⚡️⚡️
Comment from : Samrood Pt

How can I get segwit
Comment from : mohamed kosar mashaa Allah jaza kalahu kheiran

fantastic explanation, thank you Nate
Comment from : H P

Should I enable segwit? Why isn't segwit the default?
Comment from : The Williams

You say the Bitcoin protocol limits block size to 1mb Can you source that? I'm having trouble finding it
Comment from : RF Archives

Is segwit compatible with exodus wallet
Comment from : Joyce Moore

Great videos!! Love the out takes :)
Comment from : Johan Fick

I was starting to think that segwit Bitcoin were better so should cost more than the legacy onesbrBut I think I was wrong
Comment from : Rok71

If the signature data is not in the 1mb block, how can an old node validate it?
Comment from : Dipun Mistry

Too bad they didn’t go with big blocks
Comment from : Alan Ross

Plain English my butt!
Comment from : Devon & Layla

Perfectly explained!!
Comment from : mrbela

Is there only one type of Bitcoin to purchase aside from Bitcoin cash of course My wallet asked me if I had Bitcoin segwit or if I had Bitcoin it confused me
Comment from : jameyjacade28

you mention this is backwards compatibility this is a lie as well, it is forward compatibility and the fact that old nodes don’t verify segwit transaction is an attack on BitcoinbrbrIt also ironically goes against the idea of don’t trust verify, but we won’t expect Bitcoin99 to say this
Comment from : oude kaas

The Bitcoin protocol specifically states the blocksize can’t pass 1MB? This is some bs allright, Satoshi stated and explained what code could be used to feed a bigger blocksize in that as the limit would be reached it could be increased, he stated this to Mike HearnbrbrIt was developers like Greg Maxwell that were not willing to change the 1mb! BTC became sheckled and centrally planned by Blockstream devs and users that thought they had a say, never realized they handed control to devs, as users were never part of the governance model!brbrLies!
Comment from : oude kaas

(6
Comment from : Lindsay SOLEY

Changing the transaction is called money laundering
Comment from : Giorgio Lambo

Totally exceptional videos One of the best out there imho
Comment from : ikust007

Thanks alot
Comment from : Salma Abdel Monem

what if my brothers not having his haircut? Should I move his stuff on to the lower peg or is he going to do that himself?
Comment from : Ashton Grist

Wohow we finally got to the advanced stuff
Comment from : Frank Abagnalee

Like # 570
Comment from : PURPLE SHADE SMOOTHIE

anyone here after that thing
Comment from : SpieDz

The best segwit explanation I've ever seen Thanks for your contribution to our crypto world
Comment from : Iván Carreño

i dont think lighting network and the proof of stake will work, sewgit appears to be the best logical solution
Comment from : jorgeneo560

The best all-around Bitcoin series on YouTube by far
Comment from : JanPBtest

Bad Bob
Comment from : Dadpool

Is there a possibility of implementing the ability to "increase block size, depending on the usage" as standard of block chain network? I mean creating hard-fork once, instead of every single time?
Comment from : Millan Ferende

I'm Baffled why Segwit isn't still widely adopted! Its been 3 Years!
Comment from : Ron Allan

I keep reading a lot about Bitcoin wallets using all of a person's mobile data in a very short of time
Comment from : Well That’s Interesting

Okay now I'm kinda overwhelmed and nervous about btc again Super confusing
Comment from : Well That’s Interesting

@99Bitcoins and what is current transaction/second capability under segwit protocol? great video!!!
Comment from : Leonel Paredes

How can non segwit computers can verify the validity of the transaction if it doens't have the signature ?
Comment from : Willeme Verdeaux

Great explanation, thanks! one question though on 06:38 diagram > do the Legacy nodes with 1MB base transaction block (input/output) no longer include the Digital Signature?
Comment from : Ric P

Superrrr! €€
Comment from : adlan askhanov

Kto iz 2019 dekabr?
Comment from : adlan askhanov

Fantastic video👍
Comment from : Adam San

Nate, I seriously, seriously need an episode on staking, and I know I can only trust you and your team to properly explain it
Comment from : Federico Cominotto

Oh Bob! Are there any examples of "Bob" scams happening in the real word?
Comment from : Kevin Dinkel

{best: segwit video i have ever seen}
Comment from : tat mush

Please correct the last fact Legacy address start with 1 Other scripts (like multisig or segwit wrapped in a P2SH) start with a 3 Native segwit address start with bc1
Comment from : Eduardo Cavero

CAn you go over some companies on the stock market that have cryptocurrencies?
Comment from : Vito Genova

Nate, I kinda grasped some of your info but, I feel smaller bits of info in a smaller video would be easier for me at least
Comment from : Stacey Hall

great video, thank you so much! So I don't think I heard you mention the coinbase wallet as being segwit compatible - is that correct?
Comment from : Keith Mason