Can someone explain something about SegWit to me?

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If SegWit is implemented, would transfer fees to miners become smaller, the same or increase? The way I understand it is that fees would fall substantially because the need for onchain transactions would lessen/disappear.

Also: where would the offchain transactions be stored for verification purposes? Is this a third party like this Block stream?

submitted by /u/nagdude
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

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Ticker

1 BTC = $60124.44 USD  (via Coinbase)
1 ETH = $2150.03 USD  (via Coinbase)
1 LTC = $232.41 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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