Cryptocurrency Q&A Does Kraken use native SegWit?

Does Kraken use native SegWit?

Davide Davide Thu Nov 28 2024 | 6 answers 1834
I want to know if Kraken utilizes native SegWit in its operations. I'm curious about this because SegWit can improve transaction speed and efficiency, and I'm wondering if Kraken has implemented this technology. Does Kraken use native SegWit?

6 answers

GwanghwamunGuardianAngelWingsBlessing GwanghwamunGuardianAngelWingsBlessing Sat Nov 30 2024
These instructions are specifically tailored for deriving native SegWit addresses.

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Nicola Nicola Sat Nov 30 2024
One significant distinction lies in the instruction set that zPubs provide to wallets.

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KpopStarletShineBrightness KpopStarletShineBrightness Fri Nov 29 2024
Sharing your xPub with untrusted individuals or services can lead to privacy breaches.

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CryptoProphet CryptoProphet Fri Nov 29 2024
SegWit, short for Segregated Witness, is a technology that improves the efficiency and scalability of the Bitcoin network.

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JejuJoyfulHeartSoul JejuJoyfulHeartSoul Fri Nov 29 2024
Kraken Wallet is an example of a wallet service that supports zPubs and can derive native SegWit addresses accordingly.

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