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Author Topic: I have questions about SegWit  (Read 113 times)
Ayanamirs (OP)
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January 23, 2018, 12:24:09 PM
 #1

I have some bitcoins on my breadwallet (bip 39 m/0′) and i can use the same 12 words for recover into electrum, i tested.

So, if i want to move all my bitcoins to a segwit address, what i need to do? I can't send my bitcoins to a segwit electrum address? I can use Electrum to send to another segwit Electrum address?

"What you cannot do with such a wallet:

receive from most other wallets and websites simply because they consider bech32 addresses as invalid."
Abdussamad
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January 23, 2018, 01:47:45 PM
 #2

You can send to any and all addresses using electrum. Other wallets and websites don't usually support the segwit addresses that electrum creates i.e. bech32 addresses. So you will have difficulty withdrawing money from exchanges, receiving money from other bitcoin users and so on. You can send to anyone though.

If you want to create a segwit electrum wallet then follow this guide except that when you are asked to choose between standard and segwit you elect segwit. Then simply grab a receiving address, switch to your current wallet file and send your coins to the segwit wallet's address.
Ayanamirs (OP)
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January 23, 2018, 03:12:58 PM
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You can send to any and all addresses using electrum. Other wallets and websites don't usually support the segwit addresses that electrum creates i.e. bech32 addresses. So you will have difficulty withdrawing money from exchanges, receiving money from other bitcoin users and so on. You can send to anyone though.

If you want to create a segwit electrum wallet then follow this guide except that when you are asked to choose between standard and segwit you elect segwit. Then simply grab a receiving address, switch to your current wallet file and send your coins to the segwit wallet's address.

So, i can't use Bread to send to my new segwit electrum address, but i can use the same 12 words on electrum to send to a new electrum segwit address?

Seems like a matter of software only, right?
TryNinja
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January 23, 2018, 03:54:02 PM
 #4

So, i can't use Bread to send to my new segwit electrum address, but i can use the same 12 words on electrum to send to a new electrum segwit address?

Seems like a matter of software only, right?
That's right. Breadwallet (and a lot of major exchanges/services) still doesn't consider bech32 addresses as valid. Electrum does.

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