Segwit alebo legacy reddit

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Nov 21, 2012

Reddit Legacy addresses start with 1 or 3 (as opposed to starting with bc1). Without legacy address support, you may not be able to receive bitcoin from older wallets or exchanges. SegWit In both cases (using the same wallet or a fresh new one), if you wish to use new SegWit features, you will need to create a new SegWit account and move your funds to the newly created one. You legacy accounts (your old accounts from before SegWit) won’t be affected in any way. They will continue to function in the same way they did so far. 3. Now, click on Legacy or SegWit depending on how your Bitcoins are stored and the Ledger will start syncing to give you access to your BTG. Now, you can hold or sell your BTG coins.

Segwit alebo legacy reddit

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and about the forthcoming Fork, in which way it will affect Legacy/Segwit? Thank you in advance. A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. 11 votes, 16 comments. Hi, Ledger App says its best to migrate funds from legacy to segwit for better features.

[Question] Segwit or Legacy wallet? I am trying to move my BTC from Coinbase. Is there a specific wallet I need to use for the movement 

Segwit alebo legacy reddit

But my problem is I can't seem to move them anywhere. I have tried to move them to both a legacy and segwit … Nov 21, 2012 Legacy addresses are the original BTC addresses. You can expect all wallets to support sending and receiving to Legacy addresses.

11 votes, 16 comments. Hi, Ledger App says its best to migrate funds from legacy to segwit for better features. Has everyone in this reddit forum …

Segwit alebo legacy reddit

However, a sizable number of services do not support withdrawals to these Sep 06, 2019 Aug 28, 2019 Dec 13, 2020 NetWalker’s developers refined their handling of bitcoin payments months before the pandemic began by swapping in SegWit addresses in place of legacy wallets, the report said. Segwit was added to the Bitcoin (BTC) protocol in 2017 as a "soft fork" with backwards compatibility. The main function of segwit is removing the signature data (witness) from transactions and storing them in a separate area of the block that legacy nodes (nodes running bitcoin software from before segwit) cannot see. Jun 25, 2018 Jan 03, 2021 In both cases (using the same wallet or a fresh new one), if you wish to use new SegWit features, you will need to create a new SegWit account and move your funds to the newly created one. You legacy accounts (your old accounts from before SegWit) won’t be affected in any way. They will continue to function in the same way they did so far.

The main function of segwit is removing the signature data (witness) from transactions and storing them in a separate area of the block that legacy nodes (nodes running bitcoin software from before segwit) cannot see. NetWalker’s developers refined their handling of bitcoin payments months before the pandemic began by swapping in SegWit addresses in place of legacy wallets, the report said. Reddit. Reddit Legacy addresses start with 1 or 3 (as opposed to starting with bc1). Without legacy address support, you may not be able to receive bitcoin from older wallets or exchanges. SegWit In both cases (using the same wallet or a fresh new one), if you wish to use new SegWit features, you will need to create a new SegWit account and move your funds to the newly created one. You legacy accounts (your old accounts from before SegWit) won’t be affected in any way.

Segwit alebo legacy reddit

Is Segwit going to be the new standard? Are there any concerns with … On ledger live i see those 3 options of btc--legacy,native segwit ,and segwit. Which one should i choose? it's confusing me.

All good. It still went in to my legacy wallet and into a receiving address that starts with a 1. But my problem is I can't seem to move them anywhere. I have tried to move them to both a legacy and segwit … Nov 21, 2012 Legacy addresses are the original BTC addresses. You can expect all wallets to support sending and receiving to Legacy addresses. However, not every wallet or service has upgraded to support the new SegWit address format and therefore, some wallets can only send to Legacy addresses. Feb 24, 2018 Oct 10, 2018 This SegWit wallet is compatible with Mac, Linux, Windows, and other operating systems.

Aug 25, 2017 · Ledger, a leading provider of bitcoin hardware wallets has announced support for SegWit, the long-awaited pack of optimizations to scale the Bitcoin network. With SegWit having just been activated, vendors are starting to roll out support for the added benefits, this is no exception with Ledger’s hardware wallet products. Electrum’s usual segwit wallets are not p2sh. They have bech32 (bc1..) addresses.

If you send bitcoin from these “bc1” addresses, you can save up to 80% in transaction fees vs. legacy addresses.

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Bitcoin and altcoin wallet provider Blockchain.com is facing fresh pressure for forcibly making its users pay higher transaction fees. Reddit Mod Decries

You legacy accounts (your old accounts from before SegWit) won’t be affected in any way. They will continue to function in the same way they did so far. 3. Jan 13, 2021 May 10, 2018 Jan 26, 2021 SegWit.