403 sats \ 7 replies \ @benthecarman 22 Aug 2023 \ on: Proof of BlackRock: This BTC address just accumulated $3 billion in 2 months bitcoin
I don't think this is black rock, the address is a P2WPKH address which coinbase does not use.
Maybe it's a central bank 👀
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77 sats \ 5 replies \ @Murch 22 Aug 2023
Thanks, for some reason, I thought that the huge increase in segwit transactions in February 2018 was Coinbase rolling out native segwit support, but alas after much search, I found that it only ever was wrapped segwit.
https://imgprxy.stacker.news/vai_cgFm3YanvbVcgkIANUw6keJbRRS6Io-LvfxgUm8/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLmltZ3VyLmNvbS9hWWtTTjkwLnBuZw
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21 sats \ 4 replies \ @Murch 22 Aug 2023
Which then seems to imply that Coinbase either never rolled out segwit support broadly, or did next to no segwit transactions altogether? https://imgprxy.stacker.news/Cb7A44vil1Z6r8iZgE-QWZq7-JQiBKmGTl6cyGrTMfY/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLmltZ3VyLmNvbS9mM0E5cHZnLnBuZw
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42 sats \ 3 replies \ @benthecarman 22 Aug 2023
I think they use it for their hot wallets, but they don't use it for the coinbase custody product
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0 sats \ 2 replies \ @Murch 22 Aug 2023
Do you know whether it's wrapped or native segwit?
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24 sats \ 1 reply \ @benthecarman 22 Aug 2023
in this it looks like they are using native
https://www.coinbase.com/blog/announcing-bitcoin-btc-support-on-coinbase-wallet
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0 sats \ 0 replies \ @Murch 23 Aug 2023
Ah cool, thanks for finding that. This announcement is one year later, though, so maybe I was just confusing the year?
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0 sats \ 0 replies \ @birdeye21 OP 22 Aug 2023
Interesting..
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