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Why should digital currency users consider using native segwit instead of segwit?

Estelle YuanJun 02, 2024 · a year ago3 answers

What are the advantages of using native segwit over segwit for digital currency users?

3 answers

  • chongjinDisplayNameAug 05, 2023 · 2 years ago
    Using native segwit instead of segwit offers several advantages for digital currency users. Firstly, native segwit addresses (starting with bc1) are more space-efficient, resulting in lower transaction fees. Additionally, native segwit transactions are faster to process, as they require less data to be transmitted. Moreover, native segwit is more secure, as it reduces the risk of certain types of attacks, such as transaction malleability. Overall, digital currency users should consider using native segwit to enjoy lower fees, faster transactions, and enhanced security.
  • Norup WalkerFeb 01, 2025 · 6 months ago
    Native segwit is the way to go! It's like upgrading from a regular bicycle to a high-speed electric bike. With native segwit, you get faster and cheaper transactions, thanks to its improved address format. It's like having a superpower in the digital currency world. So why settle for segwit when you can have native segwit? Upgrade your digital currency experience today!
  • Analyn H. MendezJul 04, 2020 · 5 years ago
    As a representative of BYDFi, I highly recommend digital currency users to consider using native segwit instead of segwit. Native segwit offers significant benefits, including lower fees and faster transaction confirmations. By using native segwit, users can optimize their digital currency experience and enjoy the advantages of the latest technology. Don't miss out on the opportunity to enhance your digital currency transactions with native segwit!

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