Cryptocurrency Q&A
What is a legacy account in SegWit?
What is a legacy account in SegWit?
DondaejiDelightful
Thu Dec 26 2024
|
7
answers
2411
I'm trying to understand the concept of a legacy account in the context of SegWit. Could someone explain what it is and how it differs from other types of accounts in this setting?
7 answers
AltcoinAdventurer
Fri Dec 27 2024
The distinction between SegWit and Legacy addresses lies in their origin and function.
Was this helpful?
397
72
Nicola
Fri Dec 27 2024
The word "Segregated" in SegWit implies a separation of elements within a transaction.
Was this helpful?
193
66
CryptoChieftain
Fri Dec 27 2024
Legacy address represents the original format used for BTC transactions.
Was this helpful?
326
89
Valentina
Fri Dec 27 2024
Specifically, it separates the transaction signatures from the transaction data.
Was this helpful?
324
88
Ilaria
Fri Dec 27 2024
In contrast, SegWit is a newer address format introduced to enhance transaction efficiency.
Was this helpful?
399
51
Load 5 more related questions
