Join Our Mailing List
Thursday February 02, 2023
Bitcoin (BTC) $24,096.46   Ethereum (ETH) $1,683.57
  • 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 Bitcoin

TokenSoft launches support for SegWit on Bitcoin

Published by CryptoNinjas.net
05/30/2019
TokenSoft launches support for SegWit on Bitcoin

TokenSoft, a digital asset issuance and management platform, announced that after a successful beta, it can now officially support SegWit for transactions across its suite of tools.

The TokenSoft platform will support receiving BTC directly into its client’s cold storage using SegWit. Tokensoft’s Knox Wallet also supports sending and receiving in native Bech32 SegWit addresses.

SegWit, short for Segregated Witness, is a Bitcoin protocol change that allows a different format for storing transactions to increase block usage and prevent transaction malleability. With these changes, SegWit helps solve previously limiting scale issues experienced on the Bitcoin network.

According to Diar, approximately 36 percent of blocks on average use SegWit and its share is expected to grow.

“Seeing the Bech32 address for the first time put a smile on my face. Glad to be using a wallet that is future-oriented like TokenSoft’s.”

Matt Luongo, Founder of Keep Network

“In addition to aiding the scaling limitations that Bitcoin has been known for, SegWit also allows for second-layer solutions, such as Lightning by preventing transaction malleability. Not only does this technology help resolve some past issues, but it also enables future improvements such as Taproot and Schnorr signature aggregations. These future features will allow even greater improvements in the capability and scale of Bitcoin.”

James Poole, Chief Technology Officer, TokenSoft

104
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Blockchain asset management platform Tokensoft now supports Polkadot Parachains

08/18/2021
Blockchain asset management platform Tokensoft now supports Polkadot Parachains

Tokensoft, a platform for creating and managing blockchain assets, has announced it now supports Polkadot projects participating in Parachain Slot Auctions. Polkadot community projects can use the Tokensoft platform to bootstrap a bid on...

Read more

Tokensoft and Anchorage create xBTC on the Stacks 2.0 blockchain

01/14/2021
Tokensoft and Anchorage create xBTC on the Stacks 2.0 blockchain

Tokensoft, an institutional platform for securely managing digital assets and getting SEC-registered blockchain securities to market, today announced a partnership with Anchorage, a qualified custodian, to develop xBTC on Stacks 2.0, a blockchain that...

Read more

TokenSoft partners with Hub Security on ‘miniHSM’ crypto storage solution

03/25/2020
TokenSoft partners with Hub Security on 'miniHSM' crypto storage solution

TokenSoft, a security token issuance and management platform, today announced its new partnership with Hub Security. Hub Security’s next-gen HSM offers TokenSoft clients military-grade key management and cryptographic storage solutions; built to safeguard against...

Read more

TokenSoft hires former SEC and CFTC regulator as Chief Legal Officer

12/17/2019
TokenSoft hires former SEC and CFTC regulator as Chief Legal Officer

TokenSoft, a leading platform for financial institutions issuing securities on blockchains, recently hired Alex C. Levine as Chief Legal Officer of TokenSoft and President of DTAC, TokenSoft's recently approved affiliate transfer agent. "Recruiting Alex to our team...

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
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Web3 Racing Game Powered by Solana to Introduce In-Game Currency

Web3 Racing Game Powered by Solana to Introduce In-Game Currency

01/26/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • 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