Post
Topic
Board Bitcoin Technical Support
Re: Can't Import Bitcoin Address to Electrum
by
LoyceV
on 21/04/2023, 09:49:22 UTC
So, there is no way to spend the bitcoin from that address?
Uncompressed Segwit addresses can be spent, but only if a miner manually includes your transaction. This 2021 transaction with 0.001 BTC (your entire balance) as fee hasn't been confirmed yet. This guy paid 1 BTC ($19k at the time), and it still took more than a year for a miner to manually include his transaction. Doing it manually poses the risk of messing up and losing the entire block reward, so I get that miners aren't too happy to include non-standard transactions.

See:
Quote from: gmaxwell
It was the wish with segwit to prohibit the use of uncompressed keys. But there was a concern that problem's like OP's would arise from incompetent buggy software-- potentially involving really large funds losses.  In an abundance of caution these the rule was made initially standardness-only.  It has turned out to be less of an issue than had been feared (the OP's is the only sizable case I've heard of, at least).