Bitcoin Forum
May 02, 2024, 01:05:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: What is the difference between Segwit? Native Segwit? Legacy? Which one better?  (Read 909 times)
Carlton Banks
Legendary
*
Offline Offline

Activity: 3430
Merit: 3071



View Profile
August 05, 2019, 03:41:27 PM
 #41

you're overcomplicating it still. massively.

just use the nested segwit addresses. the ones starting with a 3

it's easy. you can't go wrong that way

Vires in numeris
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714611951
Hero Member
*
Offline Offline

Posts: 1714611951

View Profile Personal Message (Offline)

Ignore
1714611951
Reply with quote  #2

1714611951
Report to moderator
1714611951
Hero Member
*
Offline Offline

Posts: 1714611951

View Profile Personal Message (Offline)

Ignore
1714611951
Reply with quote  #2

1714611951
Report to moderator
niccolo_21
Jr. Member
*
Offline Offline

Activity: 54
Merit: 1


View Profile
August 05, 2019, 03:54:48 PM
 #42

you're overcomplicating it still. massively.

just use the nested segwit addresses. the ones starting with a 3

it's easy. you can't go wrong that way

Hey Carlton,

it's quite singular that you mistake trying to understand for "complicating" ..

if I wanted some suggestions on what to do without knowing what I am doing I would probably follow your advice. But I am trying to comprehend how this works: if you can help on that, fine; if you wish I would follow blind instructions that's not the case.

I see you haven't changed since the times of Bel Air, always blindingly trying to feed your ego  .. Massively..  Wink

https://www.youtube.com/watch?v=4cpVFkF2dno
Carlton Banks
Legendary
*
Offline Offline

Activity: 3430
Merit: 3071



View Profile
August 05, 2019, 06:06:22 PM
Last edit: August 06, 2019, 12:55:09 PM by Carlton Banks
 #43

everything you needed to understand the two segwit types is on page 1 of this thread. we're only on page 3 right now.

Vires in numeris
btc_enigma
Hero Member
*****
Offline Offline

Activity: 688
Merit: 565


View Profile
August 06, 2019, 10:52:32 AM
 #44



Source:

https://in.pinterest.com/pin/605241637403633867/

bob123
Legendary
*
Offline Offline

Activity: 1624
Merit: 2481



View Profile WWW
August 06, 2019, 10:59:50 AM
 #45



This graphics is quite inaccurate.

Quote
... since they almost always start with ...

P2PKH type addresses always start with 1.. and P2SH always start with 3...



Quote
More wallets are beginning to integrate this address format.

P2SH has been here since ( almost) the beginning.
P2SH (and therefore multisig addresses) got introduced 2012.

Each wallet supports these. At least it should if it is considered a somewhat proper wallet.

P2SH is nothing new.
P2WPKH nested into P2SH (nested segwit) is somewhat new, but the addresses are not distinguishable until one has used its private key to create a transaction.


Additionally i am missing a few pros/cons for each type on that graphic.

Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!