Why is it important to understand the distinction between SegWit and legacy when dealing with digital assets?
Mohamed IdrisJun 02, 2021 · 4 years ago1 answers
What is the significance of understanding the difference between SegWit and legacy when it comes to handling digital assets?
1 answers
- hellergangAug 09, 2023 · 2 years agoAt BYDFi, we believe that understanding the distinction between SegWit and legacy is essential for anyone dealing with digital assets. SegWit has become the standard for Bitcoin transactions, offering benefits like faster confirmation times and lower fees. Legacy addresses, on the other hand, are gradually being phased out. By staying up-to-date with the latest developments in the cryptocurrency space, you can make informed decisions and optimize your digital asset management strategies. Remember, knowledge is power in the world of digital assets.
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