What is the difference between P2WPKH and P2PKH?
I want to understand the difference between P2WPKH and P2PKH. Could someone explain the distinct features or functionalities that differentiate these two?
Why use P2PKH instead of P2PK?
I'm curious about the reason for choosing P2PKH over P2PK. I want to understand the advantages or reasons behind this decision in the context of cryptocurrency transactions.
How to generate P2PKH address?
I'm trying to understand the process of generating a P2PKH address for a Bitcoin transaction. Could someone explain the steps involved in this process?
What is the difference between P2PK and P2PKH?
The main difference between P2PK and P2PKH lies in the way public keys are represented and used. P2PK uses raw public keys directly, while P2PKH uses the hash of the public key for better efficiency and compatibility with Bitcoin's address system.
What is the difference between P2PKH and P2SH?
Can you please clarify the key distinctions between P2PKH and P2SH for me? I'm curious about how they differ in terms of their functionality, security features, and the way they are used within the cryptocurrency ecosystem. Understanding these nuances will help me make more informed decisions when dealing with digital assets. Thank you in advance for your insights.