Is it possible to sell SegWit coins on LocalBitcoins.com?

TheQuin

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Quote from: 100bitcoin on October 18, 2017, 01:52:58 PM

How do u know that 3L52aKJdATfaNMvz8i9nvHWaY2Mvt3bVtL is a SegWit address and not a legacy MultiSig one? I mean, how to differentiate between the two?

It's not possible to tell from the address alone, you can only see it in the transaction. So if an address has never sent an output they are indistinguishable.

If they have sent an output then it's the input scripts. So from that Tx:

ScriptSig: PUSHDATA(34)[002055c79c9fabc96629070f80be73840f7de4922e80beb4ea81bda984fecb86388f]
Witness: 0400473044022023a1cb31e2c191a1bcdfee349bbabba87cdd0ba35af83b7d6a688b7591a67afa0 22075bb661dcbb2683b8467e98546d12764c54ecb5834f4a52ee67cb3826baa8b96014830450221 00d6fcf31d6113e9899d704b0f7dab796d34b8e09f6d6bc9f817e93dfa6f9f0be902207d4956581 437f0f73a3098d8184dc07712b24a3d53db362d5a696d87e73365a501475221039f54f730f54faa fdc50f28e2cea94deb4c512ccd8c63e146f0a3bbbf7ea3e56721027a900cf1bc28805f5747fd9d4 b9fd3ff8ff10c0ba15b8caba8dd750f1e22db0452ae

Whereas a MultiSig transaction like this one:

https://blockchain.info/tx/1450b72940ff3d1353fc1aa59cb5a848eeed8a5dd3549bc546f8d4965eae9443

Looks like this:

ScriptSig: 0[] PUSHDATA(72)[3045022100827e9b5b157e8d3495a0cebcc21ca90f81206b7ad9b329fc7920239ff229c0bf0
22065918b33e953870bdcdb5e789d6068f313ebd76d430a2e331ab5fc45b9ddc62c01] PUSHDATA(37)[5121030ec111fb923515ba4747f3c7005b4398e81d816a66ba50306aacac2f405ac72651ae]

100bitcoin

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Quote from: TheQuin on October 18, 2017, 11:04:51 AM

Quote from: 100bitcoin on October 18, 2017, 10:39:36 AM

Could u please show me one such Tx?

It only took a few seconds looking on blockchain.info to find one.

https://blockchain.info/tx/6a99027e937c72e9706242471c90322b2d763058025ec5623beaac2c76999391

How do u know that 3L52aKJdATfaNMvz8i9nvHWaY2Mvt3bVtL is a SegWit address and not a legacy MultiSig one? I mean, how to differentiate between the two?

TheQuin

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Quote from: 100bitcoin on October 18, 2017, 10:39:36 AM

Could u please show me one such Tx?

It only took a few seconds looking on blockchain.info to find one.

https://blockchain.info/tx/6a99027e937c72e9706242471c90322b2d763058025ec5623beaac2c76999391

100bitcoin

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Quote from: odolvlobo on October 14, 2017, 02:04:35 PM

Quote from: 100bitcoin on October 14, 2017, 01:18:21 PM

Quote from: odolvlobo on October 13, 2017, 06:50:24 PM

Quote from: 100bitcoin on October 13, 2017, 02:19:38 PM

It seems no, as their receiving addresses are still non-SegWit!

There is no such thing as a "segwit coin". You can send coins between segwit addresses and non-segwit addresses.

R u telling me that SegWit outputs can be used as legacy input?

If by "as legacy input", you mean "by a legacy wallet", then no. If you are asking if a transaction can have a segwit input and a legacy output, then yes.

Could u please show me one such Tx?

monkeydominicorobin

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Segwit adresses are ready for localbitcoins transactions. Be the first one to use it.You will feel good when others follow your example.

odolvlobo

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Quote from: 100bitcoin on October 14, 2017, 01:18:21 PM

Quote from: odolvlobo on October 13, 2017, 06:50:24 PM

Quote from: 100bitcoin on October 13, 2017, 02:19:38 PM

It seems no, as their receiving addresses are still non-SegWit!

There is no such thing as a "segwit coin". You can send coins between segwit addresses and non-segwit addresses.

R u telling me that SegWit outputs can be used as legacy input?

If by "as legacy input", you mean "by a legacy wallet", then no. If you are asking if a transaction can have a segwit input and a legacy output, then yes.

100bitcoin

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Quote from: odolvlobo on October 13, 2017, 06:50:24 PM

Quote from: 100bitcoin on October 13, 2017, 02:19:38 PM

It seems no, as their receiving addresses are still non-SegWit!

There is no such thing as a "segwit coin". You can send coins between segwit addresses and non-segwit addresses.

R u telling me that SegWit outputs can be used as legacy input?

odolvlobo

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Quote from: 100bitcoin on October 13, 2017, 02:19:38 PM

It seems no, as their receiving addresses are still non-SegWit!

There is no such thing as a "segwit coin". You can send coins between segwit addresses and non-segwit addresses.

Karpeles

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They will sell the coin that has most acceptance and that most people recognize as bitcoin.

Quote from: p3rplexamous on October 13, 2017, 02:59:39 PM

Quote from: 100bitcoin on October 13, 2017, 02:19:38 PM

It seems no, as their receiving addresses are still non-SegWit!

I dont know for sure as I dont use Local Bitcoins much, but segwit address, although structured differently, are interchangeable with each other, so I dont see why this would be an issue unless Local Bitcoin requires the addresses to start with the legacy address structure over the segwit structure that starts with a "3". Interested questions and am curious to know the details.

addresses started with 3 are multi sign addresses, they exist before SegWit

p3rplexamous

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Quote from: 100bitcoin on October 13, 2017, 02:19:38 PM

It seems no, as their receiving addresses are still non-SegWit!

I dont know for sure as I dont use Local Bitcoins much, but segwit address, although structured differently, are interchangeable with each other, so I dont see why this would be an issue unless Local Bitcoin requires the addresses to start with the legacy address structure over the segwit structure that starts with a "3". Interested questions and am curious to know the details.

AdolfinWolf

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Quote from: 100bitcoin on October 13, 2017, 02:19:38 PM

It seems no, as their receiving addresses are still non-SegWit!

The only update on this that i could find is this reddit post from over a month ago, https://www.reddit.com/r/localbitcoins/comments/6wpiim/will_localbitcoins_switch_to_segwit_addresses/dm9thez/

Quote from: Founder of LocalBitcoins

Yeah, but will take some time.

They're definitely supporting it. Besides that, what is exactly the issue? Non-segwit / segwit adresses are exactly the same right?

100bitcoin

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It seems no, as their receiving addresses are still non-SegWit!

Topic: Is it possible to sell SegWit coins on LocalBitcoins.com? (Read 367 times)