Post
Topic
Board Bitcoin Technical Support
Re: Block Explorer thinks my address is invalid
by
pooya87
on 25/05/2018, 15:23:37 UTC
Thanks a lot.

According to the bitcoin wiki I should't use this format until further adoption. Should I crate a new wallet an move my btc over?

"shouldn't" is not the right word to use here.
it is basically about when you want to receive bitcoin payments. for example if you want to cash out from a casino that casino may not support Bech32 address format so you are forced to give them another format (the legacy starting with 1 or 3).

the best solution is that if you are already using a wallet that supports this then use that anywhere that you can so that you can use the benefits of it such as a smaller transaction size hence a lower fee but also keep another wallet so that you can still receive bitcoin in case you encountered a problem like the payer didn't accept Bech32.