Cryptocurrency Q&A
What is BTC default address?
What is BTC default address?
Raffaele
Fri Dec 27 2024
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6 answers
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I'm trying to understand more about Bitcoin and I'm curious to know what the default address for BTC is. I've heard about it but I'm not quite sure what it means or how it works.
6 answers
DaeguDivaDanceQueenElegance
Sat Dec 28 2024
The "Default" address is a type of Bitcoin legacy address.
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BitcoinBaroness
Sat Dec 28 2024
However, it does not support SegWit, which is a more advanced feature of the Bitcoin network.
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BitcoinBaronGuard
Sat Dec 28 2024
It is the most widely used address type currently in existence.
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Martino
Sat Dec 28 2024
Another type of address is the "Compatibility" address, which starts with the number 1.
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Davide
Sat Dec 28 2024
This address type typically begins with the number 1.
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