Not out the box,
To make use of Segwit wallet software must upgrade to support it, that is a lot of work for Wallets Devs that generally are not getting paid for their work.
It is arriving as a soft fork to get round cores instances that hard forks cannot happen (even tho other cryptos have done it. Eth/XMR). The soft fork is not backwards compatible and bits exchanged by segwit will only be protected by segwit enabled nodes but in fairness with a 95% activation threshold that will be 95% of the network.
We have a number of mining pools now stating that they will not run segwit without a hard fork for a block size increase, the est hashrate is 10-15% that will refuse to run it, this will either mean core need to change their 95% requirement OR simply say no block size increase and no segwit.
Personally and sadly if bitcoin cannot grow past its current limits, I do not believe it will keep its first mover position.
Just seems insane that something that was marked as a global payment network is limited in its size. It is like limiting BGP routing tables to a size and saying "only certain people can play", and if you want to play, just pay more.
To make use of Segwit wallet software must upgrade to support it, that is a lot of work for Wallets Devs that generally are not getting paid for their work.
It is arriving as a soft fork to get round cores instances that hard forks cannot happen (even tho other cryptos have done it. Eth/XMR). The soft fork is not backwards compatible and bits exchanged by segwit will only be protected by segwit enabled nodes but in fairness with a 95% activation threshold that will be 95% of the network.
We have a number of mining pools now stating that they will not run segwit without a hard fork for a block size increase, the est hashrate is 10-15% that will refuse to run it, this will either mean core need to change their 95% requirement OR simply say no block size increase and no segwit.
Personally and sadly if bitcoin cannot grow past its current limits, I do not believe it will keep its first mover position.
Just seems insane that something that was marked as a global payment network is limited in its size. It is like limiting BGP routing tables to a size and saying "only certain people can play", and if you want to play, just pay more.