Author

Topic: Receiving Address (Read 271 times)

legendary
Activity: 3682
Merit: 1580
HCP
legendary
Activity: 2086
Merit: 4361
November 25, 2017, 12:21:05 AM
#2
You have created a "SegWit" wallet... Electrum generates "bech32" SegWit P2WPKH addresses (that start "bc1") which are not backwards compatible with a lot of wallets... instead of the more common and fully backwards compatible SegWit P2SH-P2WPKH addresses that start with a "3".

Refer: https://bitcoincore.org/en/segwit_wallet_dev/

If you want to use SegWit, you'll need to use a different wallet for now until bech32 addresses become more commonly "accepted".
If you want to continue using Electrum, You'll need to create a "Standard" wallet... and select "Standard" instead of "SegWit"

newbie
Activity: 9
Merit: 0
November 25, 2017, 12:04:25 AM
#1
Installed standard wallet (p2wpkh).   When I click on Receive tab, it shows an address that starts with "bc' instead of the normal 1 or 3.  When I try to input this address into my SENDING wallet, it shows as invalid.  What am I doing wrong?

Receiving (public) address from Electrum: bc1qrc48nwkpprje3v9uup2ud8ddgcqfyqrs48lm2a
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