SegWit is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions. When certain parts of a transaction are removed, this frees up space or capacity to add more transactions to the chain.
https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwjb9rmW4PHUAhVBwI8KHdykBYIQFggpMAE&url=http%3A%2F%2Fwww.investopedia.com%2Fterms%2Fs%2Fsegwit-segregated-witness.asp&usg=AFQjCNHsdpBWd5pjfAj6pDTQCgYJUaT3iA
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