Bitcoin Stack Trade is a query and reply web site for Bitcoin crypto-currency fans. It solely takes a minute to enroll.
Anyone can ask a query
Anyone can reply
The most effective solutions are voted up and rise to the highest
Requested
Considered
29 instances
After I ask the google what’s the goal of P2WPKH nested in P2SH, it says the next:
This permits the consumer to ship funds to a SegWit (Segregated Witness)
handle utilizing a non-SegWit transaction, which may be helpful in circumstances
the place the consumer’s pockets or software program doesn’t assist SegWit
transactions.
However I don’t get it, if a pockets doesn’t assist segwit, how will a pockets then create a transaction with witness information to spends it.
So my query: What’s the goal of P2WPKH-P2SH? What will we get with sending SegWit kind to non-segwit handle (beginning with 3 base58check for P2SH)?
requested 7 hours in the past
maximus is a brand new contributor to this web site. Take care in asking for clarification, commenting, and answering.
Try our Code of Conduct.
P2SH-P2WPKH addresses can solely be created by segwit-compatible pockets software program. Nonetheless, sending to a P2SH-P2WPKH works with any P2SH-compatible pockets, because the handle is indistinguishable from (and successfully is) a P2SH handle.
It was helpful in a time earlier than most wallets supported segwit, as even people who didn’t often supported P2SH.
answered 7 hours in the past
16