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Learn the differences between Bitcoin Legacy, SegWit, Bech32, and Taproot addresses. Find out why new formats matter for lower fees and better privacy.

#Bitcoin #SegWit #Taproot #CryptoEducation #BTC

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Transcript
00:00if you've ever sent bitcoin you've probably noticed that not all addresses look the same
00:04let's break down the main types of bitcoin addresses first legacy addresses which start
00:08with the one these are the oldest format still supported but less efficient second nested sag
00:14weird addresses starting with the three they offer lower fees and better compatibility with exchanges
00:19third native sag weird addresses starting with beacon app also known as betch32 they are more
00:25efficient and cheaper to use finally taproot addresses starting with beacon app the latest
00:30upgrade providing more privacy and flexibility for advanced bitcoin transactions different address
00:36types reflect bitcoin's evolution but all are valid ways to send and receive sats
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