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Default "script type" in Sparrow vs. "type" in Blue Wallet - clarification?
127 sats \ 2 comments \ @Signal312 3 Jan bitcoin
If you create a new wallet, with all the defaults, in Sparrow, you get this as the script type: Native Segwit: (P2WPKH).
If you do the same in Blue Wallet, you get this as the "type": HD SegWit (BIP84 Bech32 Native).
I assume they're the same, though it's not obvious by the name.
But is it truly enough to look at the receive addresses, to check that they're the same? (I did, they're the same in Sparrow and Blue Wallet).
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0 sats \ 0 replies \ @gandules 4 Jan
Bitcoin Address Formats & Hierarchical deterministic wallets
Legacy Address, Pay-to-PubKey Hash (P2PKH), when rendered, start with "1…".
Segwit Address, Pay-to-Script Hash (P2SH), when rendered, start with a “3…”.
Native Segwit Address, Pay-to-Witness-Public-Key-Hash (p2wpkh) (bech32), when rendered, start with “bc1…”
Taproot (P2WSH) (BIP 0341) Upgrade: Segwit v0 (address starts: "bc1q…" that uses ECDSA signatures P2WSH = segwit v0 = start with “bc1q…”
P2WSH (Pay to Witness Script Hash) is a native SegWit v0 address type that begins with "bc1q." It is used for paying to the hash of a script.
New Taproot(P2TR) Segwit v1 (address starts: "bc1p…" that uses Schnorr signatures P2TR = segwit v1 = start with “bc1p…”
P2TR (Pay to Taproot) is a newer address type, considered SegWit v1, and its addresses start with "bc1p." P2TR is the newest address type, made available by the Taproot soft-fork in November 2021
BIP32—Hierarchical deterministic wallets m/0'/0/n Examples: BRD, legacy wallet This BIP describes a general structure of hierarchical deterministic wallet (HD wallet). BIP44—Multi-account hierarchy for deterministic wallets m/44'/0'/0'/0/n Examples: Bitcoin.com, Mycelium, Exodus… This BIP defines an implementation of a HD wallet based on BIP32 and BIP43. In particular, it describes multi-coin wallet structure for P2PKH addresses (e.g., 1-addresses in Bitcoin) Legacy Address, Pay-to-PubKey Hash (P2PKH), when rendered, start with "1". BIP49—Derivation scheme for P2WPKH-nested-in-P2SH based accounts m/49'/0'/0'/0/n Examples: JoinMrarket, Eclair Mobile, Pine... This BIP defines an implementation of an HD wallet for SegWit P2WPKH-in-P2SH addresses (e.g. 3-addresses in Bitcoin). Segwit Address, Pay-to-Script Hash (P2SH), when rendered, start with a “3”. BIP84—Derivation scheme for P2WPKH based accounts m/84'/0'/0'/0/n Examples: Modern wallet This BIP defines an implementation of an HD wallet for native SegWit P2WPKH addresses (e.g., bc1-addresses in Bitcoin). Native Segwit Address, Pay-to-Witness-Public-Key-Hash (p2wpkh) (bech32), when rendered, start with “bc1” After Taproot (P2TR) (BIP 0341) Upgrade: Segwit v0 (address starts: "bc1q" that uses ECDSA signatures to New Taproot Segwit v1 (address starts: "bc1p" that uses Schnorr signatures
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0 sats \ 0 replies \ @DarthCoin 3 Jan
All Bitcoin address types compared here: https://unchained.com/blog/bitcoin-address-types-compared/
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