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Topic: Will Legacy Adresses be supported forever - page 2. (Read 219 times)

jr. member
Activity: 56
Merit: 31
January 05, 2023, 06:03:02 PM
#4
However, if, hypothetically there is no wallet to facilitate your transaction-signing process, what will happen?

How is that supposed to happen, exactly?  I still use plenty of software which was released before Bitcoin even existed.  Wallet software won't simply vanish if people find it useful, make backups of it and continue to use and distribute it.

Hell, I'm sure I've got backups of relatively useless software that I don't plan on ever using again.  There's still a MultiBit installer kicking around one of my drives here somewhere.  It certainly wouldn't be advisable to use, but it would still (just about) work if I was left with no other option.

Yes, I agree with you. However, I observe a mass adoption of the newer address types. In fact I have a PK that gives me access to a legacy address, that's why I felt the need to ask.

I don't think there's a reason it'd be removed from Bitcoin core (and if it was, someone else would probably want to encode for it too - even if someone did it for a hobby project).

There's a lot of niche things quite a few wallets support that I think would go first (like mini private keys and p2pk - which I assume is still possible).

To be honest, now that I think about it more clearly, I don't see the reason why they would stop supporting legacy addresses. I mean, even if they are deprecated, they still don't provoke any issue to the software developers, nor to the product they produce. They could potentially just exist.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
January 05, 2023, 05:58:24 PM
#3
I don't think there's a reason it'd be removed from Bitcoin core (and if it was, someone else would probably want to encode for it too - even if someone did it for a hobby project).

There's a lot of niche things quite a few wallets support that I think would go first (like mini private keys and p2pk - which I assume is still possible).
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
January 05, 2023, 05:53:17 PM
#2
However, if, hypothetically there is no wallet to facilitate your transaction-signing process, what will happen?

How is that supposed to happen, exactly?  I still use plenty of general software which was released before Bitcoin even existed.  Wallet software won't simply vanish if people find it useful, make backups of it and continue to use and distribute it.

Hell, I'm sure I've got backups of relatively useless software that I don't plan on ever using again.  There's still a MultiBit installer kicking around one of my drives here somewhere.  It certainly wouldn't be advisable to use, but it would still (just about) work if I was left with no other option.  

Plus it would be pretty reckless of devs to disable older formats, because some people may still hold funds in legacy addresses.  I honestly don't see it being an issue.
jr. member
Activity: 56
Merit: 31
January 05, 2023, 05:37:00 PM
#1
Today, we have seen a transition from Legacy Addresses, to Segwit, to Native Segwit and eventually to Taproot.

Do you think that legacy addresses will stop being supported ?

In fact, if you own a private key that leads to a legacy address, you will always have access to this address. However, if, hypothetically there is no wallet to facilitate your transaction-signing process, what will happen?
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