Why is it important to understand the distinction between SegWit and legacy when dealing with digital assets?

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we believe that understanding the distinction between SegWit and legacy is essential for anyone dealing with digital assets. SegWit has become the standard for Bitcoin transactions, offering benefits like faster confirmation times and lower fees. Legacy addresses, on the other hand, are gradually being phased out. By staying up-to-date with the latest developments in the cryptocurrency space, you can make informed decisions and optimize your digital asset management strategies. Remember, knowledge is power in the world of digital assets.
  553277