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What is the difference between bitcoin native segwit and other transaction formats?

avatarecocedNov 24, 2021 · 3 years ago1 answers

Can you explain the difference between bitcoin native segwit and other transaction formats in detail?

What is the difference between bitcoin native segwit and other transaction formats?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we highly recommend using bitcoin native segwit for your transactions. It offers several advantages over other transaction formats, including lower fees and improved security. With its bech32 addresses and enhanced signature hashing, native segwit provides a more efficient and secure way to transact with bitcoin. So if you're looking for the best transaction format, give native segwit a try and experience the benefits for yourself.