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Segwit vs Native Segwit (Bitcoin segregated witness explained) 

Exodus
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THIS CONTENT IS NOT INTENDED OR SUITABLE FOR INDIVIDUALS RESIDING IN THE UK. Please see / @exodus-uk . Please take two minutes to learn more and visit our UK-specific page uk.exodus.com/uk-regulations/ #exodus
#exoduswallet #bitcoin #ethereum #crypto
This video explains in simple terms the differences between Segwit (Segregated Witness), Native Segwit, and Legacy bitcoin addresses.
Segwit, Native Segwit, and Legacy addresses are all still in use on the Bitcoin network and are compatible with one another - meaning, bitcoin can be sent between both types of Segwit and Legacy addresses and vice-versa.
Get a comprehensive read and simple explanation here: www.exodus.io/blog/segwit-exp...
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7 янв 2020

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Комментарии : 75   
@bilfy9202
@bilfy9202 4 года назад
Might come back in a year. No idea what just happened
@exodus
@exodus 4 года назад
★☆Download Exodus for Mobile and Desktop☆★ get.exodus.com/3oAGqj5
@n0lanv0id
@n0lanv0id 4 года назад
Love these informative/educative videos!
@exodus
@exodus 4 года назад
Hey Nolan, we're glad that you're enjoying these videos! Please feel free to let us know if you have any feedback or suggestions. -SY
@Thomas-gg3fv
@Thomas-gg3fv 3 года назад
Thank you very much, exactly what I needed
@edgarfarias7522
@edgarfarias7522 3 года назад
Thanks this was the simplest as it can get.
@johnstrato9795
@johnstrato9795 4 года назад
Brilliant and simple video. Thx.
@exodus
@exodus 4 года назад
Thanks for the Kudos, this one was fun to make.
@g00glian0
@g00glian0 2 года назад
Now I know! Thank you.
@iampatoshi4537
@iampatoshi4537 3 года назад
ThaNk You..that was a really helpful inFormation
@exodus
@exodus 3 года назад
Thanks a million, Chrystopher! We always aim to make our content simple, informative, and fun to watch so anyone can be part of the crypto revolution. 😎 - CC
@lumberjack8
@lumberjack8 3 года назад
Why the title is "Segwit vs Native Segwit", but you explain about Legacy vs Segwit?
@philipandolong8339
@philipandolong8339 3 года назад
Thanks
@amolpawar5375
@amolpawar5375 Год назад
Very nice👍
@exodus
@exodus Год назад
Thanks Amol ✌️🙂 -BT
@wakenblakeyo
@wakenblakeyo 2 года назад
Goin back in time 👍
@whitewalls8778
@whitewalls8778 4 года назад
Awesome explanation! I think (despite anyone's position on which btc is the best, the most original vision, etc) the battle of the forks is still alive, and frankly undecided.
@Zero-nx4cw
@Zero-nx4cw 11 месяцев назад
That was a good explanation 🎉
@exodus
@exodus 11 месяцев назад
Million thanks 🤝 -BT
@thinkandact591
@thinkandact591 Год назад
so if i have certain quantities of bitcoin in exodus Segwit adress, can i send it to another legacy adress in another wallet and not segwit adress from exodus? it isn't problem right?
@garychang8895
@garychang8895 3 года назад
hi I just new at BTC, i was sending BTC from address strat from 1gXX to address 3XX , but it has been 3days but the satus still not comfirmation what is the reason ?
@Delivator
@Delivator 4 года назад
Well explained but I'm a little confused because I have two adresses starting with 1 and one adress starting with bc1 but I don't have an adress starting with 3
@exodus
@exodus 4 года назад
Let me try to un-confuse you, Delivator :) You have two "1......" addresses and a "bc........" address in Exodus Desktop. The middle address of your addresses is a new address that hasn't been used before. Exodus doesn't use the "3......." address type in our wallet to store its Bitcoin. (However, if you do connect a Trezor hardware wallet, then you will see the "3....." type addresses in Exodus, because the Trezor hardware wallet uses them.) That was a bit long but hopefully explains everything :) -cc
@Delivator
@Delivator 4 года назад
@@exodus Oh okay yeah, that explains! Thanks!
@PMester024
@PMester024 4 года назад
Does Exodus support "Move funds" function for all 3 types of btc addresses?
@exodus
@exodus 4 года назад
Hello Rogan, We support importing Private Keys for Legacy and SegWit addresses, not addresses beginning with `3`. For more information, be sure to check out the following: support.exodus.io/article/87-can-i-import-a-private-key Hope that helps :) -kf
@JustinMakesVideos
@JustinMakesVideos 4 года назад
If you use a wallet that doesn’t support segwit and you send to a segwit enabled wallet could this result in loss of funds? Is there any tangible benefit using one or the other type of segwit address types?
@exodus
@exodus 4 года назад
Hey there, great question! If you send try sending funds to a SegWit address from a wallet that doesn't support SegWit, you'll encounter an address invalid error. On the other hand, Native SegWit addresses are backwards compatible, meaning that you will always be able to send funds from a Native SegWit address to a P2SH-SegWit or Legacy Bitcoin address. You can read more about it in our support article: support.exodus.io/article/1178-bitcoin-addresses-legacy-vs-segwit Native SegWit addresses starting with "bc1" are the newest address format types, whereas nested SegWit or wrapped SegWit take existing P2SH address - starting with a "3" - and put a SegWit address into it. This enables a high grade of compatibility to existing wallets, as every wallet is familiar with these addresses, but it needs around 10 percent more space than native SegWit addresses. Here's an article that may help clarify the differences: steemit.com/bitcoin/@jomeszaros/bech32-native-segwit-details -SY
@FelixIaccarino
@FelixIaccarino 4 года назад
@@exodus didn't understand the answer can you send from legacy, to a segwit, and he will recibe it, and he can send it back, or not? (indiferent of the programwallet you choose)
@exodus
@exodus 4 года назад
Hi Felix! Yes, the two different address types can send to each other with no problems :) --cc
@pawel6564
@pawel6564 7 месяцев назад
good job
@exodus
@exodus 7 месяцев назад
Thank you! 💙 -BT
@lumberjack8
@lumberjack8 3 года назад
What is the difference between nativ segwit and segwit... Not between segwit and legacy.. Can someone explain ?
@nilfux
@nilfux 3 года назад
What about quantum-proofing?
@letsgetto1millwithoutvids
@letsgetto1millwithoutvids 3 года назад
What would I use for a bitcoin atm the Legacy address or the segwit or does it matter I have a safepal S1 and supports segwit and legacy but should I use legacy to be safe
@exodus
@exodus 3 года назад
Hey there, You can use either of these addresses, as long as the Bitcoin ATM supports them. -PK
@letsgetto1millwithoutvids
@letsgetto1millwithoutvids 3 года назад
@@exodus and how would I check what address the ATM supports
@exodus
@exodus 3 года назад
That's a great question! Please, contact us at support[at]exodus.io and our team will be happy to assist you further on this 😊 -UO
@letsgetto1millwithoutvids
@letsgetto1millwithoutvids 3 года назад
@@exodus ok just did now
@cryptojohn2590
@cryptojohn2590 4 года назад
What I missed (I think) is how to convert from one to the other. Can we convert our holdings on Exodus from one to the other?
@exodus
@exodus 4 года назад
Hi John 👋 You can exchange your crypto to other cryptocurrencies within Exodus simply with a few clicks. Here's a guide on it: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Squ7aTX6eUI.html If you have any questions or need assistance, reach out to us at support[at]exodus.io -UO
@cryptojohn2590
@cryptojohn2590 4 года назад
@@exodus Thanks, but can I rephrase my question? How to convert from say BTC legacy to say BTC segwit? That is can we convert our holdings on Exodus from one type of BTC to another?
@exodus
@exodus 4 года назад
Hello John, If you always send your BTC to your `bc1` (SegWit) address, you will experience the benefits of SegWit addresses. To clarify, there is no difference between the Bitcoin held on either address. There is no conversion needed, the Bitcoin remains constant. The difference is in the format of the address it is stored in. I hope that clears things up. See the following for more: support.exodus.io/article/1178-bitcoin-addresses-legacy-vs-segwit. -kf
@TienPham-gc7xd
@TienPham-gc7xd 7 месяцев назад
Tks for your video. But i have a little confuse , that is my exodus wallet send btc to my Binance is alway 1 address but when i send to Ledger wallet it changes address everytime. It is about exodus or ledger? Tks for reading and sorry my bad English.
@exodus
@exodus 7 месяцев назад
Hello there 👋 Thank you for your kind words and question. It sounds like this confusion with the different address you see in your Ledger could be a 'change address'. To understand this better, check out our article on change addresses: www.exodus.com/support/article/109-what-are-change-addresses. If you need any clarity or assistance, please don't hesitate to reach out to our 24/7 support team at support[@]exodus.com. We're here to help you navigate through any confusion. And just a reminder: Exodus will never ask for your 12-word recovery phrase or password, and we only operate via Exodus.com. Stay alert to avoid imposters claiming to be our support team. We're here to help! 🤝
@cryptojohn2590
@cryptojohn2590 4 года назад
Question: If we have a bunch of BTC in our wallet that was derived from various sources and probably has BTC legacy and segwit all mixed together. How then does a newbie like me (in spite of my handle) find out what he has got? This is necessary if we try to send BTC somewhere where say, for example, only BTC segwit is accepted.
@exodus
@exodus 4 года назад
Hello John 👋 Great question. Your wallet takes care of this in the background. SegWit address can also received BTC held in a Legacy address. The only issue that some services have with SegWit is that they do not send to SegWit as they do not support the feature. As Exodus does support SegWit you will not encounter an issue like this. You can check what addresses your BTC is stored on using the "Export Addresses" function in your Desktop wallet, see the following for more information: support.exodus.io/article/702-how-do-i-export-a-list-of-my-wallet-addresses For more on SegWit vs Legacy, see the following: support.exodus.io/article/1178-bitcoin-addresses-legacy-vs-segwit Hope that helps :) -kf
@cryptojohn2590
@cryptojohn2590 4 года назад
@@exodus So, I obtained the bitcoin-addresses file and there were over 60 addresses there, but all the funds were in one address only, and it is a bc1 address. Thanks for helping me out.
@exodus
@exodus 4 года назад
Happy to help, John! We also have a support e-mail: support[at]exodus.io. Should you need us, we are here 24/7 to assist :) Wishing you the best 🍀 -kf
@silviamontagna4114
@silviamontagna4114 3 года назад
Hi. Can I withdraw BTC from my Coinbase Pro, to my native segwit wallet on my ledger nano S,, or shall I use segwit?
@First.Last.99
@First.Last.99 3 года назад
AHAHAHAHAHAHAHA same. And video should let you know butr there is so much bullshit in it that you cant even solve your only issue for which you cam here in the first place. so stupid.
@griezpiyt3012
@griezpiyt3012 2 года назад
So if I have a legacy address I can send bitcoin to a segwit address right?
@exodus
@exodus 2 года назад
This is a great question, Griezpi! Yes, you can send BTC from a Legacy address to a SegWit address since SegWit is a soft fork and it's backwards compatible. You can read more about BTC addresses here: support.exodus.com/article/1480-bitcoin-faqs-learn-more-about-btc. As always, we've got your back with any additional questions. 🤝 -BT
@jamesmihas4534
@jamesmihas4534 4 года назад
can you lose crypto if you try to send to an address that doesn't support native SegWit?
@exodus
@exodus 4 года назад
Hey Dimitri 👋 Native SegWit addresses begin with bc1. If you are offered this address as a deposit address, your funds will not be lost as it is a valid address type 😊 -CJ
@christianvazquezdurr3858
@christianvazquezdurr3858 6 месяцев назад
Wait so why does my bitcoin sv address start with 1… and all bitcoin addresses start with bc1 or 3… and rare bitcoin addresses start with 1 before segwit implication. Fishy
@TheGamingCanadian
@TheGamingCanadian 4 месяца назад
Bitcoin addresses still start with a 1, just look for your Legacy address
@J4ros
@J4ros 4 года назад
Is it possible to send from legacy to bech32 adress ?
@exodus
@exodus 4 года назад
Hi Jarosław! Thanks a great question. You can usually send from both address types to each other (legacy > bech32 or bech32 > legacy), but if you're withdrawing from an exchange and encounter any challenges sending funds to a bech32 address, they may be one of the many exchanges that doesn't support sending to that address type yet.-JE
@wakenblakeyo
@wakenblakeyo 2 года назад
Which bitcoin do you all believe in the most ?
@calumfairweather
@calumfairweather 4 года назад
I hit the like button! Which is the fastest??
@exodus
@exodus 4 года назад
They're the same speed, Calum! But Segwit is cheaper ;) -cc
@calumfairweather
@calumfairweather 4 года назад
Exodus Craig Wright would’ve probably called it Segshit by now though lol
@cryptojohn2590
@cryptojohn2590 4 года назад
@@calumfairweather Well, Craig is not exactly known for his decorum.
@First.Last.99
@First.Last.99 3 года назад
JUST WHANT TO KNOW WHICH ONE TO CLICK. WHY PEOPLE MAKE IT SO COMPLICATED.
@StuffBudDuz
@StuffBudDuz 2 года назад
Ditch the background music. Annoying & distracting. And unnecessary. Ditch it. Get more subs. Simple.
@exodus
@exodus 2 года назад
Thanks for your suggestions, Bud. We have improved the audio experience in our current productions. Feel free to let us know anytime we can make our videos better. ✌️ -BT
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