Cryptocurrency Q&A What are the three types of Bitcoin address?

What are the three types of Bitcoin address?

BlockchainWizardGuard BlockchainWizardGuard Sat Nov 30 2024 | 7 answers 1331
I'm trying to understand the different types of Bitcoin addresses. I know there are three main types, but I can't seem to find a clear explanation of what they are. Could someone please explain the three types of Bitcoin addresses to me? What are the three types of Bitcoin address?

7 answers

SsamziegangSerenadeMelodyHarmonySoul SsamziegangSerenadeMelodyHarmonySoul Mon Dec 02 2024
These formats include Native SegWit, Nested SegWit, and Legacy.

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GyeongjuGloryDaysFestivalJoy GyeongjuGloryDaysFestivalJoy Mon Dec 02 2024
Bitcoin users may have encountered three distinct address formats.

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CherryBlossomDance CherryBlossomDance Sun Dec 01 2024
They provide a bridge between newer and older Bitcoin technologies.

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Enrico Enrico Sun Dec 01 2024
Legacy addresses are the original format used in Bitcoin.

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SamsungShine SamsungShine Sun Dec 01 2024
Native SegWit addresses are designed for efficiency.

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