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Tag Archives: SegWit

Claims of ‘51% Attack’ on Bitcoin Cash Sparks Debate

May 26, 2019

Olusegun Ogundeji

An alleged 51% attack and recent reversed transactions on the Bitcoin Cash (BCH) network have sparked morality discussions with some even suggesting an 'unintentional split'. The debate centres on whether two big mining pools were right to have reversed any transaction on the network. To som...

SegWit: Unconfirmed Transactions Rise With Bitcoin Price Again

May 19, 2019

Olusegun Ogundeji

It's that time again: the price of Bitcoin is rising and many coins are moving from one point to another. It's causing unconfirmed transactions to surge too. Not indeed a bad thing though it only slows down transactions for those who do not set higher fees. But it is a reminder on the need for ...

Bitcoin at $5000: What Has Changed Since 2017

Apr 4, 2019

Olusegun Ogundeji

Bitcoin has crossed the $5000 price range again (after its first reach in 2017) following a sudden breakout on April 2. Its unfolding price scenario would not be immediately considered or ruled out as a repeat of 2017. However, as the market reaction seems to be positive so far (at $5,214 at...

Low SegWit Adoption Fear as Bitcoin Transactions Rise Again

Feb 23, 2019

Olusegun Ogundeji

Bitcoin transactions per second is rising again. According to, the highest transactions on Bitcoin network has ever reached 4.7 txs p/s in Dec. 2017. However, this week, it recorded 3.87 txs p/s (Feb.20), a far cry from the 2.2 txs p/s it had in Feb. 2018 since when the crypto...

If Not Bitcoin Cash, Could Bitcoin Kill Litecoin?

Aug 14, 2017

Olusegun Ogundeji

Recent discussions about the SegWit activation and the Lightning Network implementation it would bring to the Bitcoin network has sparked a round of debate on whether it would reduce Litecoin’s relevance and value in the market. This has been compounded by the fact that recently, also, ther...

SegWit Date, MAST On Litecoin… Can LTC Gain Momentum?

May 2, 2017

Olusegun Ogundeji

Litecoin miners, pools and exchanges have been informed to prepare for the pending CSV and SegWit activation. The date has been confirmed in a note issued by Bitcoin Core contributor, Johnson Lau for around May ­11 at block 1,201,536. It could also happen earlier depending on hashrate....

SegWit Confirms On Litecoin In 2 Weeks, LTC Could Hit $25

Apr 25, 2017

Olusegun Ogundeji

After much hassle, it has now been confirmed that the SegWit protocol will be activated on the Litecoin network by mid-May. Its founder, Charlie Lee, confirmed in a tweet that SegWit will lock in and activate at the end of period 7 which he later clarified will fall in May. Though th...