Bitcoin SegWit adoption rate is on a stratospheric rise. Currently, more than sixty-six percent (66%) transactions on the Bitcoin network make use of Segregated Witness technology. As per data from Segwit.Space research, the new protocol has been adopted at a quicker pace. The steep rise in Bitcoin SegWit adoption was first noticed in later 2019 when the volume of such transactions jumped from forty per cent (40%) to approximately sixty per cent (60%) within a month. This shows that more people now trust segregated Witness tech as part of their transactions. However, variation must be accounted for in the said