EchoWave
Fri Jul 12 2024
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6 answers
1512
Will my Bitcoin Defi Wallet balance migrate to SegWit addresses?
For those individuals interested in cryptocurrency finance and utilizing decentralized finance (DeFi) solutions, a pressing question arises regarding the migration of Bitcoin balances. Specifically, will my Bitcoin Defi Wallet balance automatically migrate to SegWit addresses? This is a crucial inquiry for those who value the security and efficiency of their digital assets. SegWit, or Segregated Witness, is a soft fork upgrade to the Bitcoin protocol that aims to improve scalability and transaction efficiency. Understanding whether or not this migration will occur automatically is essential for users to plan their financial strategies accordingly.
