SegWit is now officially supported with Bitcoin Core 0.16.0 update
Bitcoin Core 0.16.0 client version, which provides full support for SegWit scaling technology, was officially released on Monday (February 26th).
The Core team announced earlier this month that they will support SegWit technology with the updates they have released.
Core team, Github said:
"This version is an important release that includes new features, various bug fixes and performance improvements as well as updated translations."
Bitcoin Core 0.16.0 was an important milestone in Bitcoin's history. SegWit, which will shorten transaction fees and processing times, has been the most requested change by Bitcoin users since its release in August 2017
Bitcoin Core officially begins to give full support to SegWit
However, many of the major companies and wallet providers in the sector remained frustrated by disappointed customers due to high transfer fees and slow processing times. Technology also forms the basis for upgrades to Bitcoin. Lightning Network is one of those upgrades in the second layer solutions, where fees and approval periods are reduced to zero.
With the outbreak of the lightning network, despite the limited support for SegWit, it has made rapid progress with its adoption by customers since the beginning of the year
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