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Author Topic: Address of the electrum wallet contains more characters than the other wallets  (Read 106 times)
portadosucesso
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March 02, 2019, 10:35:16 PM
 #1


Hello guys , Because the address of the electrum wallet is different from that of the other wallets, in the case a common wallet has this address =   3FE9jRGDQVmwQvgikbKu9WzU1xTN7JgqQr   and the electrum already has this address  bc1qzlysad4xsleeyvegx8uqejwnr49mhqyu36ecv9upwzn7crd8ylhsxcr00k


I am trying to receive from a forex broker and because of that format the electrum wallet is giving error I am trying to solve


Tanks  for suport
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gentlemand
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March 02, 2019, 10:45:24 PM
 #2

It's showing you a bech32 address. It's still a valid address.

https://bitupper.com/en/explorer/bitcoin/addresses/bc1qzlysad4xsleeyvegx8uqejwnr49mhqyu36ecv9upwzn7crd8ylhsxcr00k

It looks like Electrum only does Legacy or bech32 addresses, not normal segwit ones with a 3, though I don't use it. Probably easiest to start a new wallet but someone should know more.
FinneysTrueVision
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March 03, 2019, 02:01:34 AM
Merited by pilosopotasyo (1)
 #3

Bech32 addresses are valid but many wallets still don't know how to send to it. You will have to create a seperate wallet with legacy addresses or you will have to switch to a wallet like Samourai which supports legacy, p2sh-wrapped Segwit, and bech32 Segwit inside of a single wallet without having to create seperate ones for each address type. 

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bL4nkcode
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March 03, 2019, 02:08:38 AM
 #4

I am trying to receive from a forex broker and because of that format the electrum wallet is giving error I am trying to solve
Electrum can send and receive any format of btc address including bech32 (bc1..). So what you mean is the broker you mentioned cannot send btc to that address? Just tell him to use electrum wallet as well or, samurai wallet mentioned above, or generate a legacy address (1..) and give him another address to solve your problem.

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pilosopotasyo
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March 03, 2019, 02:10:32 AM
 #5

Bech32 addresses are valid but many wallets still don't know how to send to it. You will have to create a seperate wallet with legacy addresses or you will have to switch to a wallet like Samourai which supports legacy, p2sh-wrapped Segwit, and bech32 Segwit inside of a single wallet without having to create seperate ones for each address type. 

I didn't know this, I have to read more articles about this I only use wallet they've provided in my local exchange and on Exodus but the terminology and variations of address, this I have to learn, thanks for informing us.

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pooya87
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March 03, 2019, 02:58:29 AM
 #6

It looks like Electrum only does Legacy or bech32 addresses, not normal segwit ones with a 3, though I don't use it. Probably easiest to start a new wallet but someone should know more.

"normal SegWit" is Bech32 addresses that start with bc1, which is also known as native SegWit address format. everything else is just a workaround to stay compatible with services that haven't upgraded their system to support the new additions to bitcoin yet.
and Electrum supports all of them, you just have to take extra steps if you want to use a non-default wallet type (aka nested SegWit ie. addresses starting with 3).

fun fact: address posted by OP seems to be a multi signature one!

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