Why do you guys upvote bullshit? The person didn't even deign to look into the affair.
"Segwit is the term used for a block size increase." Actually, it's misleading. It's called Bitcoin Unlimited that votes for a block size increase. SegWit proposes that only the transactions are stored within the block, while everything else is stored on the side-chain.
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I think i have heard something like this on a crypto youtuber. The same facts indeed.