Questions tagged [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?

SejongWisdomSeeker Sat Dec 21 2024 | 5 answers 1291

I'm trying to figure out whether my Bitcoin is SegWit or legacy. I need to know this information to understand the transaction fees and the overall efficiency of my Bitcoin transactions. How can I find out?

Elena Wed Dec 04 2024 | 6 answers 1280

I'm wondering if Coinbase, the popular cryptocurrency exchange platform, supports SegWit technology for its wallets. Specifically, I want to know if Coinbase wallets are SegWit-enabled.

Stefano Wed Dec 04 2024 | 7 answers 1508

I'm trying to decide whether I should send my Bitcoin to a SegWit address or a native SegWit address. I'm not sure which one would be more beneficial for me in terms of transaction fees, speed, and security.

FireFlyer Tue Dec 03 2024 | 6 answers 1201

SegWit, short for Segregated Witness, is a protocol upgrade that has been implemented in certain blockchain networks, including Bitcoin. It aims to improve transaction efficiency, reduce costs, and enhance security by separating signature data from transaction data. This allows for more transactions to be included in each block, effectively increasing the blockchain's throughput without altering the block size limit. Therefore, when asking if blockchain uses SegWit, the answer would depend on the specific blockchain network being referenced, as not all blockchains have adopted this upgrade.