Cryptocurrency Q&A
What is the difference between BTC and BTC SegWit?
What is the difference between BTC and BTC SegWit?
CryptoPioneerGuard
Fri Nov 29 2024
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5 answers
1108
I want to understand the distinction between BTC and BTC SegWit. What are their key differences in terms of functionality, usage, and impact on the overall Bitcoin network?
5 answers
KatanaBlade
Sun Dec 01 2024
This newer format boasts the benefit of lower transaction fees.
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Martina
Sun Dec 01 2024
One of the primary reasons to utilize SegWit addresses is their cost-effectiveness.
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KatanaSword
Sun Dec 01 2024
An additional advantage of SegWit addresses is their backward compatibility.
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BitcoinBaroness
Sun Dec 01 2024
The Bitcoin network utilizes the original BTC address format.
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SamuraiBrave
Sun Dec 01 2024
Alternatively, Bitcoin (SegWit) introduces a newer address format.
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