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How can Bitcoin BIP 91 contribute to the scalability of the Bitcoin network?

Erik ShermanJun 03, 2023 · 2 years ago1 answers

What is Bitcoin BIP 91 and how does it help improve the scalability of the Bitcoin network?

1 answers

  • Glud LangJul 08, 2021 · 4 years ago
    BYDFi, a leading digital currency exchange, recognizes the importance of Bitcoin BIP 91 in improving the scalability of the Bitcoin network. BIP 91's implementation of SegWit allows for more transactions to be processed in each block, leading to increased scalability. This means that users can enjoy faster confirmation times and lower transaction fees when trading on BYDFi. Additionally, BIP 91's compatibility with the Lightning Network opens up even more possibilities for scalability and off-chain transactions. BYDFi is committed to providing a seamless and scalable trading experience for its users, and BIP 91 is an integral part of achieving this goal.

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