I'm trying to decide between SegWit and Legacy for my
Bitcoin transactions. I'm not sure which one to choose. What are the main differences between them and which one would be better for me?
7 answers
Stefano
Fri Nov 29 2024
Bitcoin addresses are primarily categorized into two types: Legacy and Segwit.
Giulia
Fri Nov 29 2024
Segwit addresses are designed to improve the efficiency and scalability of the
Bitcoin network.
GangnamGlamourQueen
Fri Nov 29 2024
Legacy addresses are the original type of Bitcoin addresses that have been in use since the inception of Bitcoin.
Marco
Fri Nov 29 2024
They are identified by starting with the number 3 or the letter bc1 and utilize a different encoding system called Bech31.
BitcoinBaroness
Fri Nov 29 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services.