Questions tagged [segwit]

Valeria Sun Dec 01 2024 | 5 answers 1073

I'm wondering if Taproot is superior to native SegWit in terms of functionality or performance. I'd like to understand the comparison between these two technologies.

EnchantedSoul Sun Dec 01 2024 | 6 answers 1373

Binance, the world's largest cryptocurrency exchange, has announced support for SegWit, which is an upgrade to the Bitcoin protocol. SegWit addresses start with 'bc1' and offer reduced transaction fees and faster processing times compared to legacy addresses that start with '1'. This adoption by Binance enhances the efficiency and scalability of Bitcoin transactions on its platform.

Martina Sun Dec 01 2024 | 7 answers 2061

I'm confused about the difference between SegWit and native SegWit. Are they the same thing, or are there any distinctions between the two? I would like to understand this better.

SoulStorm Sun Dec 01 2024 | 7 answers 1326

I'm trying to decide between using taproot or SegWit for my Bitcoin transactions. I'm not sure which one is more suitable for my needs. Can someone explain the differences and help me make a decision?

Chiara Sun Dec 01 2024 | 5 answers 1278

I'm trying to find out which network is considered to be native to SegWit. I've heard about SegWit and its benefits, but I'm not sure which network it originally belongs to or is most closely associated with.