Cryptocurrency Q&A Is SegWit and native SegWit the same?

Is SegWit and native SegWit the same?

Martina Martina Sun Dec 01 2024 | 7 answers 2061
I'm confused about the difference between SegWit and native SegWit. Are they the same thing, or are there any distinctions between the two? I would like to understand this better. Is SegWit and native SegWit the same?

7 answers

Alessandra Alessandra Tue Dec 03 2024
Native SegWit offers superior scalability, allowing for smoother transaction processes.

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CryptoLodestarGuard CryptoLodestarGuard Tue Dec 03 2024
Native SegWit represents the most up-to-date address format currently in existence.

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SamuraiWarriorSoul SamuraiWarriorSoul Tue Dec 03 2024
It holds several advantages over the traditional SegWit.

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GangnamGlitter GangnamGlitter Tue Dec 03 2024
In terms of efficiency, Native SegWit is more weight-efficient.

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CryptoLodestar CryptoLodestar Tue Dec 03 2024
Transactions using Native SegWit are processed faster, leading to quicker fee payments.

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