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Can you explain the concept of "Segregated Witness" (SegWit) and its impact on Bitcoin transactions?

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Can you explain the concept of "Segregated Witness" (SegWit) and its impact on Bitcoin transactions?

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Segregated Witness (SegWit) is a protocol upgrade implemented in Bitcoin in 2017. It separates the witness data (signatures) from the transactions, allowing more transactions to fit into a block and improving the scalability of the Bitcoin network_

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