Block number 481824 became historical for the BTC network. The miners have confirmed the first transactions with SegWit technology enabled, and made sure that it works fine. Thanks to this outstanding solution, a number of shortcomings of the BTC network will be eliminated and new opportunities will be realized in this network.

The security and reliability of BTC is increasing, and implementation is greatly simplified for micropayments and smart contracts. Lightning Network, a SegWit-based solution for blockchain scalability, will soon enable transactions in BTCx almost instantly. At the same time, SegWit will not bring any losses or costs to any of the cryptocurrency enthusiasts. Tens of thousands of people around the world are celebrating today's event and believe that since 2017, the BTC digital currency will start making serious progress.

Source: bits.media