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What Caused the Sudden Drop in SegWit Blocks on Bitcoin
Blockchain detectives and Lightning Proponents may have noticed a severe drop in SegWit blocks near the end of last month. SegWit-spending transactions had reached a high of nearly 50% of all transactions, according to this tracker, but around about October 20th the rate began to drop off, hitting a low of nearly 40%. Users who noticed might have been mystified if those many people were previously spending SegWit-enabled inputs, why would they suddenly stop SegWit transactions generally cost less as they are smaller in actual size, and therefore it is less expensive to send them with priority.
November 08, 2018 10:36 AM

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