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Author Topic: what makes some btc coin's wallet addresses start with bc instead of 1?  (Read 116 times)
plzdontlaugh (OP)
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May 04, 2018, 03:50:26 AM
 #1

it looks like it follows the coin through every dif. trans. couldnt coins be tracked like this?
the coin was bought through libertyX, ive never noticed it before
anyone know? its not btc cash either regular btc Huh
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May 04, 2018, 04:49:02 AM
 #2

there are currently 3 different address formats used in bitcoin.
P2PKH addresses which start with 1 which are the oldest and most common addresses used. the transactions are using a pubkey hash to pay to.
there are P2SH addresses which start with 3 which are using pay to script hash. they mostly are multi signatures but SegWit can also have addresses starting with 3.
and finally the newest format is Bech32 where addresses will start with bc1. these represent SegWit addresses.
https://en.bitcoin.it/wiki/Address

hopefully this answers your question. I don't quite understand what you mean by "tracked".

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bitperson
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May 04, 2018, 05:04:44 AM
 #3

Bitcoins can always be tracked, but as addresses are anonymous and shouldn't be reused, it should be difficult to identify users. Read about anonymity at https://en.bitcoin.it/wiki/Anonymity.

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plzdontlaugh (OP)
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May 04, 2018, 04:56:52 PM
 #4

there are currently 3 different address formats used in bitcoin.
P2PKH addresses which start with 1 which are the oldest and most common addresses used. the transactions are using a pubkey hash to pay to.
there are P2SH addresses which start with 3 which are using pay to script hash. they mostly are multi signatures but SegWit can also have addresses starting with 3.
and finally the newest format is Bech32 where addresses will start with bc1. these represent SegWit addresses.
https://en.bitcoin.it/wiki/Address

hopefully this answers your question. I don't quite understand what you mean by "tracked".

ah i see, thank you sir.
extra thanks fer giving me a seriours clear answer, an not makin me look like more of a dumbass than i already am.
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