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SegWit / bech32
Newer BTC address format (bc1...) — cheaper TXs, larger blocks
What is SegWit / bech32?
Segregated Witness (SegWit, 2017) split signature data, allowing more TXs per block. Native bech32 addresses start with bc1q (P2WPKH) or bc1p (Taproot). Lower fees than legacy 1.../3... addresses.
Also known as
bech32