How does native segwit improve the security of digital currency transactions?

3 answers

• Monster ManuNov 21, 2023 · 2 years ago
  Native segwit, or native segregated witness, is a protocol upgrade that improves the security of digital currency transactions. By separating the transaction signature data from the transaction data itself, native segwit reduces the size of transactions, making them more efficient and less prone to certain types of attacks. This separation also helps prevent transaction malleability, a vulnerability that could allow an attacker to modify the transaction ID without changing the transaction's validity. Overall, native segwit enhances the security and integrity of digital currency transactions.
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• DemianRomero89Jul 30, 2024 · 2 years ago
  Native segwit is like a superhero cape for digital currency transactions. It swoops in and saves the day by making transactions more secure. How does it do that? Well, by separating the signature data from the transaction data, native segwit reduces the chances of someone tampering with the transaction. It also makes transactions smaller, which means they take up less space on the blockchain. So, not only is native segwit a security upgrade, but it's also an efficiency upgrade. It's a win-win!
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• Davies ZachariassenMar 30, 2024 · 2 years ago
  Native segwit is a game-changer when it comes to the security of digital currency transactions. With native segwit, the transaction signature data is stored separately from the transaction data, which makes it much harder for hackers to tamper with the transaction. This separation also helps prevent transaction malleability, a vulnerability that could allow an attacker to modify the transaction ID without changing the transaction's validity. So, by implementing native segwit, digital currency transactions become more secure and less susceptible to manipulation.
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