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Author Topic: ledger nano s legacy and segwit  (Read 647 times)
gecelerinyargici
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November 21, 2017, 12:16:18 PM
 #1

ledger nano s has two options legacy and segwit , whts the difference and which one is better ?

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bob123
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November 21, 2017, 01:35:22 PM
 #2

Your ledger gives you the option to choose whether you want to store your coins on legacy-address-format (Which is the original address format)
or on segwit-address-format (SegWit was implemented in a soft fork a few weeks ago).
You are free to choose which you want to use. SegWit has the advantage of lower fees due to transactions being smaller in size. 
Both of them are safe to use, so its up to you which you prefer.

gecelerinyargici
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November 21, 2017, 02:37:48 PM
 #3

Your ledger gives you the option to choose whether you want to store your coins on legacy-address-format (Which is the original address format)
or on segwit-address-format (SegWit was implemented in a soft fork a few weeks ago).
You are free to choose which you want to use. SegWit has the advantage of lower fees due to transactions being smaller in size. 
Both of them are safe to use, so its up to you which you prefer.
thx for the answer

qwerty10111
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March 13, 2018, 03:48:52 AM
 #4

Hi there.
Just for you info, you can check your BTC address is a legacy one or a SegWit one.

https://segwitchecker.com
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