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Topic: Compare fee : Bech32 & P2SH (Read 197 times)

legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
February 21, 2018, 06:47:38 AM
#2
A lazy quote as answer:
A typical transaction of one input, two outputs is 226 bytes legacy, 166 vbytes P2SH-P2WPKH segwit (27% less), 141 vbytes pure bech32 P2WPKH segwit (38% less).

If you have many inputs, the savings are larger (and less for many outputs). For 10 input, 1 output legacy is 1515 bytes, 953 vbytes P2SH-P2WPKH (37% less), and 722 vbytes P2WPKH (52% less).

Multisignature transactions benefit even more. Multiinput 2 of 3 multisignature transactions in bech32 P2WPKH segwit are 75% smaller.
legendary
Activity: 2646
Merit: 3911
February 21, 2018, 05:50:53 AM
#1
Technically, is there any difference between Bech32 "BIP_0173" and P2SH "Pay to script hash/transactions to be sent to a script hash" segwit Transactions?
Why do some say that the transactions fee using  Bech32 will be cheaper than P2SH?

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