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0 sats \ 3 replies \ @96c0b276a3 25 Jul \ parent \ on: Is this a valid bitcoin address? bitcoin
Nested segwit (also known as wrapped segwit)
Therefore, the P2SH addresses using this trick became known as nested segwit
What am I missing?
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0 sats \ 2 replies \ @RadentorForNoxus 25 Jul
  • Script Hash : Spending with extra spending condition (most-known method is multisig).
  • Segwit : Regular spending address with discounted size.
  • Segwit Script Hash : same as Segwit but it can carry certain spending rules while also receiving segwit discount
  • Nested Segwit : SegWit script inside of Pay-to-Script Hash. Popularly known as a temporary solution before SegWit gained adoption because it allow old address to being able to interact with new standard.
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0 sats \ 1 reply \ @96c0b276a3 25 Jul
Doesnt nested segwit start with 3?
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0 sats \ 0 replies \ @RadentorForNoxus 25 Jul
Nested SegWit is one example of Script that P2SH address can carry hence i said
What OP stated wasnt wrapped SegWit address but old Script Hash address
If u still have doubt in mind look up https://mempool.space and paste the address there, mempool.space will show the address type as "P2SH"
It's still an empty address atm, the spending condition will be revealed after it has been used to conduct outgoing transaction
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