Segregated Witness refers to a soft fork change in the transaction format of Bitcoin. Scott Stornetta, two mathematicians who wanted to implement a system where document time stamps could not be tampered with. Bitcoin is a perfect case study for the possible inefficiencies of blockchain. Bitcoin’s PoW system takes about 10 minutes to add a new block to the blockchain. Once the block is filled with data, it is chained onto the previous block, which makes the data chained together https://allcoinss.com in chronological order. Trusted by millions since 2011 with over $1 Trillion in crypto transactions.

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