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Topic
Board Beginners & Help
Re: What is SegWit?
by
AdolfinWolf
on 01/03/2018, 14:14:11 UTC
I am a Newbie and need your help as I want to know what Segwit is?
How do I get a Segwit address.
What do I need to do?


Segwit is basically a way of sending bitcoins while using less space then "normal" transactions, by replacing/removing (mostly) signature data, thus making them cheaper.

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How do I get a Segwit address.

You can download Electrum, and once launched it will prompt you to either create a "Standard" or "Segwit" wallet, choose segwit, and voila, there you have it.

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What do I need to do?

Other then generating the wallet, nothing.