Cryptocurrency Q&A Should I choose SegWit or Legacy?

Should I choose SegWit or Legacy?

Bianca Bianca Thu Nov 28 2024 | 7 answers 1479
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? Should I choose SegWit or Legacy?

7 answers

Stefano Stefano Fri Nov 29 2024
Bitcoin addresses are primarily categorized into two types: Legacy and Segwit.

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Giulia Giulia Fri Nov 29 2024
Segwit addresses are designed to improve the efficiency and scalability of the Bitcoin network.

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GangnamGlamourQueen GangnamGlamourQueen Fri Nov 29 2024
Legacy addresses are the original type of Bitcoin addresses that have been in use since the inception of Bitcoin.

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Marco 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.

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BitcoinBaroness BitcoinBaroness Fri Nov 29 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services.

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