Bianca
Mon Oct 14 2024
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7 answers
1564
Should I use SegWit or legacy BTC address?
I'm trying to decide whether I should use SegWit or legacy BTC address for my Bitcoin transactions. I'm not sure which one is more suitable for my needs in terms of fees, security, and compatibility with different wallets and services.
IncheonBeautyBloomingRadianceGlow
Fri Oct 11 2024
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6 answers
1417
How do I know if my wallet is SegWit?
I want to check if my wallet supports SegWit. I'm not sure how to verify this information and would like to know the steps or methods to confirm if my wallet is indeed SegWit compatible.
SumoPride
Wed Jul 17 2024
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6 answers
1072
What is bitcoin SegWit and how does it work?
Could you elaborate on the concept of Bitcoin SegWit and explain its underlying mechanism in a concise manner? Specifically, I'm interested in understanding how it addresses scalability issues and improves transaction efficiency within the Bitcoin network. Additionally, I'd like to know if SegWit introduces any new risks or changes to the overall security of the Bitcoin blockchain. A brief yet comprehensive description would be greatly appreciated.
Arianna
Tue Jul 16 2024
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6 answers
1402
Which bitcoin wallets support SegWit & legacy address format?
As a cryptocurrency enthusiast, I'm curious about the wallet options that support both Segregated Witness (SegWit) and the legacy address format for Bitcoin. Could you elaborate on some of the most popular and reliable wallets that offer this functionality? I'm particularly interested in knowing which wallets provide enhanced security measures and user-friendly interfaces, as well as their compatibility with different devices and operating systems. Understanding which wallets support both SegWit and the legacy format will help me make an informed decision when it comes to storing and managing my Bitcoin.
CosmicDream
Sun Jun 16 2024
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5 answers
1593
Are SegWit addresses compatible with all bitcoin wallets?
Could you please clarify for me if SegWit addresses are compatible with every bitcoin wallet that's currently available? I've heard some conflicting information about this, and I'm trying to understand if I need to make any adjustments to my wallet to accept SegWit transactions. Would it be accurate to assume that most modern wallets support SegWit by default? Or are there specific wallets that don't support it and I should be aware of? It would be helpful to get a clear answer on this matter so I can ensure my transactions are processed smoothly. Thank you for your assistance.
