Join Our Mailing List
Thursday June 01, 2023
Bitcoin (BTC) $26,815.18   Ethereum (ETH) $1,866.84
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Services

1Broker implements SegWit for user Bitcoin wallets

Published by CryptoNinjas.net
05/18/2018
1Broker implements SegWit for user Bitcoin wallets

1Broker, the bitcoin-denominated trading company just announced that on Sunday, May 20th, 2018, they will upgrade their Bitcoin wallet infrastructure to be fully SegWit compatible. This is requiring deposit addresses for users to change and transactions to old addresses will no longer be credited.

If a user accidentally sends funds to an old address, 1Broker will manually credit their deposit upon request. SegWit, among other things, increases the available space for transactions per block and makes second-layer solutions, like the Lightning network, possible.

By adding 1Broker to this new wallet infrastructure, transactions between 1Fox and 1Broker will be instant and with virtually no fees. Withdrawals to regular addresses will be charged with a floating transaction fee that is updated every hour depending on the required Bitcoin network fees. This floating fee will be much lower than the previous fixed fee the company used.

After this upgrade, it will also be possible to send Bitcoin transactions to the new alternative address format called Bech32.

API Changes

With this update, 1Broker will update its API to version 2.2 that includes the following changes:

  • The user/bitcoin_deposit_address.php method will be removed and replaced by a new user/deposit.php method.
  • A new position/get.php method will return position details for a single position – works for open and closed positions.
  • Users will be able to find the details about these methods in the API documentation after the update.
5
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

1Broker says low chance of August 1st Bitcoin hard fork

07/17/2017

Bitcoin enabled trading platform 1Broker has today provided a statement on its plans for the Bitcoin UAHF situation taking place on August 1st. The company stated it is optimistic that BIP 91 gets activated...

Read more

1Broker halts BTC/USD orders to launch new dedicated service for improved execution

05/25/2017

1Pool, the company behind bitcoin-denominated trading platform 1Broker announced today a new dedicated service for BTC/USD trading to launch in Q3 called 1gox. During the past few weeks, the company has been criticized for...

Read more

Bitcoin platform 1Broker makes key changes to BTC/USD contract

05/23/2017

Bitcoin denominated trading platform 1Broker has announced changes to the calculation for their BTC/USD price index. Instead of Bitstamp, the company will now use Gemini Trust Company, LLC as the second price average for...

Read more

1Broker introduces new risk indicators for trade strategies

05/15/2017

Bitcoin-based trading software 1Broker announced a recent update which added a new classification of risk indicators for trade strategies which can be copied, the copy feature was introduced back in March. Since launching, the company's...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
Gemini expands crypto exchange account coverage limit to $200 million

Gemini expands crypto exchange account coverage limit to $200 million

01/16/2020
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy