Bitcoin Forum
November 19, 2017, 01:35:40 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: BTC segwit address  (Read 221 times)
fred21
Member
**
Offline Offline

Activity: 119


View Profile
September 01, 2017, 12:21:58 PM
 #1

Hi,

I heard that in order to use segwit one has to create a BTC segwit address and to make segwit transaction.

Since the Hard fork of beginning of august 2017, I haven't move my BTC from my paper wallet. So my BTC (and BCH) are on an old BTC address.

Can someone confirm there is no issue leaving my fund on this wallet even with segwit now activated?

thanks
Make sure you back up your wallet regularly! With Bitcoin-Qt, it needs to be backed up at least as often as every 100 transactions (both sends and receipts) or new addresses.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511055340
Hero Member
*
Offline Offline

Posts: 1511055340

View Profile Personal Message (Offline)

Ignore
1511055340
Reply with quote  #2

1511055340
Report to moderator
1511055340
Hero Member
*
Offline Offline

Posts: 1511055340

View Profile Personal Message (Offline)

Ignore
1511055340
Reply with quote  #2

1511055340
Report to moderator
rebel92
Full Member
***
Offline Offline

Activity: 210


View Profile
September 01, 2017, 12:40:00 PM
 #2

Yes no problem you can keep your coins there, and once the coins are received into a Segwit address, succeeding time they're spent or moved they'll be spent with all the features in Segwit. they'll be spent to any address once this happens. Segwit and paper addresses will move along side no problems, and it will not matter wherever they are from or where they are going to.

16185tKX38nf7Vja7BsobUMNnaWAKQd1bP
Thank You Smiley
fred21
Member
**
Offline Offline

Activity: 119


View Profile
September 10, 2017, 10:42:00 AM
 #3

Yes no problem you can keep your coins there, and once the coins are received into a Segwit address, succeeding time they're spent or moved they'll be spent with all the features in Segwit. they'll be spent to any address once this happens. Segwit and paper addresses will move along side no problems, and it will not matter wherever they are from or where they are going to.

Can someone else confirm that there is no problem letting my BCH and BTC on a non-segwit address for a very long period?

thanks
ScripterRon
Member
**
Offline Offline

Activity: 117


View Profile
September 10, 2017, 01:17:27 PM
 #4

Yes no problem you can keep your coins there, and once the coins are received into a Segwit address, succeeding time they're spent or moved they'll be spent with all the features in Segwit. they'll be spent to any address once this happens. Segwit and paper addresses will move along side no problems, and it will not matter wherever they are from or where they are going to.

Can someone else confirm that there is no problem letting my BCH and BTC on a non-segwit address for a very long period?

thanks
Your bitcoins are safe and do not need to be moved (Bitcoin Cash does not even support SegWit).  My wallet supports SegWit but leaves it to the user to decide which address to use (the same private key can be used with both P2PKH and P2SH-P2WPKH receive addresses).
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!