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Segwit vs Native Segwit (Bitcoin segregated witness explained)

https://www.exodus.io/blog/segwit-explained/

#exodus #exoduswallet #bitcoin #ethereum #crypto
This video explains in simple terms the differences between Segwit (Segregated Witness), Native Segwit, and Legacy bitcoin addresses.

Segwit, Native Segwit, and Legacy addresses are all still in use on the Bitcoin network and are compatible with one another – meaning, bitcoin can be sent between both types of Segwit and Legacy addresses and vice-versa.

Get a comprehensive read and simple explanation here:

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28 Comments

  1. Question: If we have a bunch of BTC in our wallet that was derived from various sources and probably has BTC legacy and segwit all mixed together. How then does a newbie like me (in spite of my handle) find out what he has got? This is necessary if we try to send BTC somewhere where say, for example, only BTC segwit is accepted.

  2. SegWit, RBF, P2SH are all hacks of Bitcoin. BTC is not Bitcoin any more, BTC is very different protocol/system now. Actual Bitcoin is BSV and anyone that is not aware of this, has been fooled by BTC propaganda and people who spread it. Also, it is not "Legacy" it is Original Bitcoin signatures rules… its this propaganda terminology that Core/Blockstream and bankers who fund them, use deliberately to create different (false) meaning. People in BTC are very badly misinformed.

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