GreenAddress supports SegWit

Popular bitcoin wallet announced the Segregated Witness support
07 September 2017   2315

Representatives of the popular bitcoin wallet GreenAddress reported about the support for the Segregated Witness (SegWit) solution. 

As noted, users of GreenAddress will receive notification of an upgrade during the next authorization, as well as the choice of whether to support the SegWit solution or not. GreenAddress representatives also note that if the user does not see the appropriate notification about the upgrade, then most likely his version of the wallet is outdated and he needs to be updated to the latest version.

We have supported segwit in our testnet environment for a long time now, and with segwit locked in on the main chain, we have deployed the changes needed to enable this to the main service. When you next log in to your wallet you will be upgraded to segwit and offered the chance to opt-out. If you don’t see the upgrade prompt, your client is too old and you will need to update it. Once segwit is enabled on your account and you have generated at least one receive address, it will be locked in and you will no longer be able to disable it.

GreenAddress team

 Also the GreenAddress noted the low cost of SegWit transactions.

Cardano Hardfork to be Announced

During the upgrade, aimed to update the Cardano consensus algorithm, the Ouroboros Bizantine Fault-Tolerant protocol will be implemented
21 January 2020   95

The head of the blockchain company IOHK, Charles Hoskinson, spoke about plans to hold Cardano hard fork in mid-February. He said this during a stream on YouTube.

Hardfork aims to update the Cardano consensus algorithm. During the upgrade, the Ouroboros Bizantine Fault-Tolerant (OBFT) protocol will be implemented.

What changes will occur after the implementation of OBFT, the head of IOHK did not explain. At the same time, he noted that the integration of Ledger hardware wallets with Daedalus wallet software will soon be implemented.

At this stage, the project is negotiating with exchanges, as well as checking the readiness of the infrastructure. Nevertheless, according to Hoskinson, "everything is going well" and they do not plan to postpone the hard fork.