I want to understand the difference between transactions with SegWit and without SegWit. How do they differ in terms of functionality, efficiency, and any other aspect?
6 answers
CryptoAlly
Sun Dec 01 2024
There are several notable distinctions between Segwit and non-Segwit addresses.
ZenBalance
Sun Dec 01 2024
One of the primary differences lies in the potential savings in transaction fees.
Bianca
Sat Nov 30 2024
This is achieved by reducing the amount of data used on the network.
DondaejiDelightful
Sat Nov 30 2024
Another significant difference is the format of the addresses themselves.
Davide
Sat Nov 30 2024
Segwit addresses can be identified by their prefix, which is the number 1.