^Segwit transfers are faster and cheaper? So wallets users would benefit?
Main difference is that Sigwit block size is 2MB as a result difficulty level for mining it is easy and hence transactions are fast.
To my very limited unterstanding, mining difficulty is not affected by segwit.. only block size. Because you can fit in more Segwit transaction to a block, there is incentive for miners to include as many Segwit transfers in a block as possible, and this causes Segwit transactions to go trough faster. . If I've understood correctly