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Once I ask the google what’s the function of P2WPKH nested in P2SH, it says the next:
This permits the person to ship funds to a SegWit (Segregated Witness)
deal with utilizing a non-SegWit transaction, which could be helpful in circumstances
the place the person’s pockets or software program doesn’t help SegWit
transactions.
However I don’t get it, if a pockets doesn’t help segwit, how will a pockets then create a transaction with witness knowledge to spends it.
So my query: What’s the function of P2WPKH-P2SH? What can we get with sending SegWit kind to non-segwit deal with (beginning with 3 base58check for P2SH)?
requested 7 hours in the past
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P2SH-P2WPKH addresses can solely be created by segwit-compatible pockets software program. Nonetheless, sending to a P2SH-P2WPKH works with any P2SH-compatible pockets, because the deal with is indistinguishable from (and successfully is) a P2SH deal with.
It was helpful in a time earlier than most wallets supported segwit, as even those who didn’t often supported P2SH.
answered 7 hours in the past
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