[Bitcoin] How to get faster confirmation times and lower fees by using SegWit
On August 25th, the SegWit soft fork (BIP141) was activated, which increased the total size of bitcoin blocks from 1 MB to 4 MB in addition to other improvements. However, this transaction capacity increase is an opt-in feature, and only applies to transactions sent from new SegWit addresses created after the upgrade.
https://en.bitcoin.it/wiki/Block_weight
"It is not possible to create exactly-equivalent legacy transactions for SegWit transactions. If BTC is sent to a SegWit address, then it must be spent in a SegWit input. However, for comparison, a similar 1-input, 1-output legacy transaction would be about 191 bytes. The legacy transaction would consume 0.0191% of a 1MB legacy block, while this transaction consumes 0.0136% of a SegWit block, a reduction of 34%. Different transaction types can have much greater reductions."
WALLETS THAT SUPPORT SEGWIT ADDRESSES:
https://greenaddress.it
https://samouraiwallet.com/
https://trezor.io/
https://ledgerwallet.com/
https://btc.com/
https://electrum.org/
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