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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: https://www.exodus.io/blog/segwit-explained/
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Information provided is for informational purposes only and should not be considered financial advice. Investing in crypto assets is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Past performance is not indicative of future results.
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