Coinbase, Exchanges

Is Coinbase SegWit or Native SegWit?

As of May 2019, Coinbase has not implemented SegWit. This is despite the fact that SegWit can offer numerous benefits to users, including lower transaction fees and improved scalability.

NOTE: This is a technical question and should not be taken as advice. Coinbase SegWit and Native SegWit are two different technologies and it is important to understand the differences between them before making any decisions. If you do not have the technical knowledge required, please seek the assistance of a qualified professional or financial advisor who is familiar with these technologies.

It is unclear why Coinbase has not implemented SegWit, but it may be due to the fact that SegWit requires a soft fork, which would require a majority of users to upgrade their software. This may be seen as too much of a hassle for Coinbase, which has over 20 million users.

However, it is possible that Coinbase will eventually implement SegWit, especially if other major exchanges and wallet providers do so first. SegWit is simply too good of a solution to ignore, and it would be in Coinbase’s best interest to adopt it sooner rather than later.

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