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Topic: Legacy vs segwit - page 2. (Read 330 times)

legendary
Activity: 2366
Merit: 1272
Heisenberg
April 08, 2020, 06:30:54 PM
#3
If it's  a personal wallet then the security of the wallet is in your hands.  A Legacy address isn't  any more secure than the Segwit address.  The advantage of Segwit address to  Legacy address is in the fees..  It's slight but one will spend less fees when using Segwit addresses as compared to Legacy addresses.
copper member
Activity: 2338
Merit: 4543
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April 08, 2020, 06:07:22 PM
#2
Segwit addresses don't provide any more security, the purpose is to reduce fees for transactions.  The least secure address is one that is hosted by someone other than you, i.e. a custodial wallet or an exchange.  I say that because they have a greater risk of being hacked.  Of course this assumes that you are versed and capable of storing your private information in a private and secure way. 
member
Activity: 116
Merit: 14
April 08, 2020, 06:01:56 PM
#1
What kind of address is more secure to store bitcoin legacy or segwit Every wallet supports different address types. What kind of address is more secure to store bitcoin legacy or segwit? I think some exchanges follow different address formats
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