Cryptocurrency Q&A
Is it better to use SegWit or Legacy?
Is it better to use SegWit or Legacy?
ChristopherWilson
Thu Dec 26 2024
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7 answers
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I'm trying to decide whether it's more advantageous to use SegWit or Legacy for my Bitcoin transactions. I want to understand the differences and potential benefits of each option.
7 answers
Bianca
Sat Dec 28 2024
They are still widely supported and utilized within the Bitcoin network.
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Dario
Sat Dec 28 2024
BTCC, a top cryptocurrency exchange, offers services that cater to both address formats. Their platform supports spot trading, futures trading, and a wallet service that can accommodate both Legacy and Segwit addresses.
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alexander_rose_writer
Sat Dec 28 2024
Segwit, short for Segregated Witness, is a newer address format introduced to improve Bitcoin's scalability and efficiency.
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Martino
Sat Dec 28 2024
Segwit addresses offer benefits such as lower transaction fees and faster transaction confirmation times.
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KatanaSwordsmanship
Sat Dec 28 2024
Bitcoin employs two primary address formats: Legacy and Segwit.
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