ELI5: Explain Like I'm 5

SegReg

Segreg is short for "segregated witness". Segregation means separating something, like when you separate your healthy food from your junk food.

Segregated witness is a way to separate some parts of a bitcoin transaction, which makes it easier and faster for computers to process a lot of transactions at once. Think of it like separating the ingredients in a recipe - it can make it easier to cook and serve a big meal.

By separating some parts of a bitcoin transaction, it reduces the amount of data that needs to be sent over the network, making it faster and more efficient. This helps to lower transaction fees and make the whole bitcoin system work better.

So, segreg is a way to make sure lots of people can use bitcoin quickly and easily, just like separating your food can make it easier to eat healthier.