Team of the Blockchain .info, one of the most popular Bitcoin wallet, announced that full Segregated Witness (SegWit) support will be implemented in the first quarter of 2018. Also, Bitcoin Cash support is coming in December.
— Peter Smith (@OneMorePeter) 15 ноября 2017 г.
SegWit protocol was activated in August this year, but a number of services and companies have not yet implemented it into their codebase. On the background of a mempool, full with spam transactions and an unprecedented growth in commissions, the representatives of the bitcoin community have recently begun to appeal to large companies like Blockchain .info, Coinbase and BitPay with questions when this happens.
The official answer of Blockchain.info was given on Wednesday, November 15, and although it talks about the upcoming support of SegWit, some points in the statement of the British company raise questions.
In 2018 we will be rolling out support for SegWit within our wallet products. This will be a major and complex update to some of the most sensitive parts of our codebase, across a wide variety of platforms and devices, affecting billions in user transactions with potentially significant privacy implications. We will do this cautiously but also with consideration for the rising miner’s fees within the bitcoin ecosystem. We are excited about the advances SegWit offers and we plan to begin making it available within our wallets in as soon as possible in 2018, with an eye towards rollout in Q1.
Blockchain .info Team
At the same time, the company notes a steady demand for Bitcoin Cash and plans to add full support for the altcoin. Until the end of 2017 BCH will appear in the web version of the wallet, and until the end of the first quarter of 2018 - in mobile applications for devices on Android and iOs.
Also, interesting thoughts can be found about the canceled SegWit2x. It is also worth reminding that CEO of Blockchain. info, Peter Smith was one of six supporters of SegWit2x, on behalf of whom last week a statement was issued to cancel this hardfork.
We recently communicated that our service would be unavailable during the Segwit2x hard fork. While plans for the hard fork have been suspended, there may be some network instability at block height 494,784.
We’ll be monitoring the network closely. Should network instability threaten the safety of our users’ funds, we may briefly suspend outgoing bitcoin transactions but anticipate any suspension to last no more than 1h.
Blockchain .info Team