Post
Topic
Board Development & Technical Discussion
Merits 2 from 2 users
Re: SegWit, Industry standard for the future?
by
theymos
on 27/02/2018, 12:31:18 UTC
⭐ Merited by Kakmakr (1) ,ETFbitcoin (1)
The best practice currently is to give people P2SH SegWit addresses when people are paying you, but to support/allow sending to bech32 addresses when you're paying people. bech32 addresses are strictly superior except for issues of backward-compatibility, so eventually everyone will switch over, but it'll probably take a few years; it shouldn't be a format war situation unless someone decides that they hate bech32 and come up with a totally new alternative.